2006 No. 882
INCOME TAX

The Income Tax (Exempt Amounts for Childcare Vouchers and for Employer Contracted Childcare) Order 2006

Made
Laid before the House of Commons
Coming into force
The Treasury make the following Order in exercise of the powers conferred by sections 270A(11) and 318D(1) of the Income Tax (Earnings and Pensions) Act 20031.

Citation, commencement and effect1.

This Order may be cited as the Income Tax (Exempt Amounts for Childcare Vouchers and for Employer Contracted Childcare) Order 2006, shall come into force on 6th April 2006, and shall have effect for the year 2006-07 and subsequent years of assessment.

Amendment of the Income Tax (Earnings and Pensions) Act 20032.

In the Income Tax (Earnings and Pensions) Act 2003, in section 270A(6)(a) (amount of limited exemption for qualifying childcare vouchers) and in 318A(6) (amount of limited exemption for qualifying employer contracted childcare), for “£50” substitute “£55”.

Tom Watson
Dave Watts
Two of the Lords Commissioners of Her Majesty’s Treasury
(This note is not part of the Order)

This Order increases the exempt amounts, for income tax purposes, in respect of qualifying childcare vouchers provided for an employee and in respect of the provision by an employer for an employee of care for a child. The exempt amounts are increased from £50 to £55 for each qualifying week.

This Order imposes no new costs on business.