Childcare provided otherwise than at employer’s premises etc
4(1)Section 318A (limited exemption for childcare provided otherwise than at employer’s premises etc) is amended as follows.
(2)In subsection (1), for “C” substitute “D”.
(3)After subsection (5B) (inserted by section 36) insert—
“(5C)Condition D is that the employer has, at the required time, made an estimate of the employee’s relevant earnings amount for the tax year in respect of which the care is provided (see section 318AA).”
(4)In subsection (6), for “£55” substitute “the appropriate amount”.
(5)After that subsection insert—
“(6A)In subsection (6) “the appropriate amount”, in the case of an employee, means—
(a)if the relevant earnings amount in the case of the employee for the tax year, as estimated in accordance with subsection (5C), exceeds the higher rate limit for the tax year, £22,
(b)if the relevant earnings amount in the case of the employee for the tax year, as so estimated, exceeds the basic rate limit for the tax year but does not exceed the higher rate limit for the tax year, £28, and
(c)otherwise, £55.”