news
VAT and Childcare Vouchers
January 11th, 2012
Astra Zeneca operated a flexible remuneration package scheme under which employees could opt to take part of their remuneration in the form of goods and/or services rather than as salary. The case before the Court of Justice of the European Union (CJEU) concerned the correct VAT treatment of high street shopping vouchers provided to employees as one of the options of the scheme.
The Court found that the provision of vouchers amounted to a supply of services effected for consideration. As a consequence, whilst Astra Zeneca was able to recover VAT incurred on acquiring the vouchers, output tax was due on the consideration received from its employees.
Although this case was concerned with the supply of vouchers to employees, the principles considered by the Court are of general application and will apply to other supplies of goods and services to employees.
Childcare vouchers are not directly affected by the judgment as they are not subject to VAT.
However, employers that incur administrative fees from their voucher provider have, to date, been permitted to recover VAT on those fees as a general business overhead. However, because the fees are directly attributable to the exempt supply of vouchers the normal partial exemption rules must be applied with the result that the VAT incurred may no longer be fully recoverable.
Affected businesses should apply this treatment from 1 January 2012.
Apple Childcare Vouchers are not financial advisors and therefore we recommend that our clients seek futher professional advice.
York & North Yorkshire Probation Trust
March 31st, 2011
Apple Childcare Vouchers are delighted to announce that York & North Yorkshire are transfering their childcare voucher scheme to Apple. Employees will continue to use their current provider throughout March and April with the Apple Childcare Voucher scheme going live in May 2011.
Apple look forward to working with York & North Yorkshire Probation Trust and their employees.
West Yorkshire Probation Trust
March 31st, 2011
Apple Childcare Vouchers are delighted to announce that West Yorkshire Probation Trust are transfering their childcare voucher scheme to Apple. Employees will continue to use their current provider throughout March and April with the Apple Childcare Voucher scheme going live in May 2011.
Apple look forward to working with West Yorkshire Probation Trust and their employees.
Oldham Community Leisure select Apple Childcare Vouchers
March 30th, 2011
Oldham Community Leisure has selected Apple Childcare Vouchers as their provider. The scheme will be advertised throughout April and employees will be eligible to join from their May salaries. Apple are delighted to welcome Oldham Community Leisure to our scheme and we look forward to working with their employees.
Childcare Vouchers Changes - April 2011
February 24th, 2011
The rules around childcare vouchers will be changing on the 6th April 2011.
Please see the attached document for further information
Edge Hill University transfer to Apple Childcare Vouchers
February 24th, 2011
Apple Childcare Vouchers are delighted to announce that Edge Hill University will be transfering to Apple Childcare Vouchers. The transfer will take place throughout February and March and employees will be able to enjoy Apple Childcare Vouchers from their March salary.
This is fantastic news for Apple as we continue to go from strength to strength in the Education sector following recent transfers of The University of Huddersfield, The University of Chester, Stoke on trent College and The Sheffield College.
Apple look forward to the transfer process and working with Edge Hill University and their employees.
Cosmopolitan Hotels appoint Apple Childcare Vouchers
February 7th, 2011
Apple Childcare Vouchers are delighted to welcome Cosmopolitan Hotels to the growing Apple client portfolio. Cosmopolitan Hotels will start offering the scheme to their employees from April 2011.
Apple look forward to working with Cosmopolitan Hotels and their employees.
Heythrop College choose Apple
January 12th, 2011
Heythrop College have chosen Apple Childcare Vouchers to provider their employees with the valued benefit. Apple Childcare Vouchers will start immediately and employees will be able to select the benefit to start from their February 2011 salary.
Apple Childcare Vouchers look forward to working with Heythrop College and their employees.
apple childcare vouchers winter 2010 newsletter
November 26th, 2010
It only seems like last week when I sat down to write the Spring 2010 newletter and here I find myself writing the winter edition. The summer has been and gone in a flash! I do hope you all have had enjoyable summers, whether on holidays or just enjoying the Bristish summer weather!.....
Carole Nash Insurance Consultants select Apple
Novemeber 17th, 2010
Apple Childcare Vouchers are delighted to announce that Carole Nash Insurance Consultants have selected Apple as their Childcare Voucher Provider. The scheme is due to start in the New year and Apple Childcare Vouchers look forward to working with Carole Nash and thier employees.
Sheffield College switch to Apple
23 September, 2010
Apple Childcare Vouchers are delighted to announce that The Sheffield College has transferred its childcare voucher scheme to Apple Childcare Vouchers. The scheme will go live in November and Apple look forward to working with The College and welcoming employees to the scheme.
University of Chester transfer to Apple
30 July, 2010
Apple Childcare Vouchers are pleased to announce that the University of Chester have chosen Apple Childcare Vouchers as its new provider. We will be transferring the scheme thoughout August with the scheme to go live in September 2010.
Apple are delighted to welcome the University of Chester to our ever growing client portfolio in the education sector and look forward to working with the University and their employees.
Kingspan Limited join the Apple Family
July 27th, 2010
Kingspan Limited have transferred their childcare voucher scheme to Apple Childcare Vouchers. Kingspan Limited are the third Company that have transferred to Apple from the Kingspan Group. Apple Childcare Vouchers looks forward to working with Kingspan Limited and their employees.
Kingspan Insulations transfer to Apple
May 20th, 2010
Kingspan Insulations have followed Kingspan Ltd in making the switch to Apple Childcare Vouchers. Kingspan Insulations are transferring all of their existing users to Apple to start in July 2010. This is another great account for Apple and we look forward to working with Kingspan Insulations and their employees.
apple childcare vouchers spring newsletter
May 12th, 2010
Welcome to the second edition of the Apple Childcare Vouchers Newsletter. It has been eight months since our last newsletter was published and to be quite honest, I do not know where the time has gone!...
Apple welcomes Egger UK to Apple Childcare Vouchers
March 16th, 2010
Apple Childare Vouchers are pleased to announce that Egger UK have selected Apple Childcare Vouchers are their new provider of childcare vouchers. Apple look forward to working with Egger UK and their employees.
University of Huddersfield transfer to Apple Childcare Vouchers
March 4th, 2010
Apple Childcare Vouchers are delighted to announce that the University of Huddersfield will be transferring their existing scheme to Apple. The scheme will go live in April 2010. Apple are looking forward to working with the University and welcoming their employees to the Apple Childcare Voucher scheme.
Marcus Barrow, Managing Director at Apple Childcare Vouchers states, "this is a big moment for Apple, we have been working hard to break into the education sector and we are delighted that the University of Huddersfield is our first major client within this sector. We are looking forward to the transfer process, providing a quality service and building relationships within the University and their employees".
Equifax transfers to Apple Childcare Vouchers
February 17th, 2010
Apple Childcare Vouchers are pleased to announce that Equifax will be transferring their childcare vouchers scheme to Apple Childcare Vouchers with effect from April 2010. Apple Childcare Vouchers look forward to working with Equifax and their employees.
Kingspan Ltd choose Apple
January 28th, 2010
Kingspan Ltd have elected Apple Childcare Vouchers to administer their scheme to commence in March 2010. Apple Childcare Vouchers are delighted to welcome Kingspan Ltd and look forward to providing their vouchers.
Honda of the UK Manufacturing select Apple Childcare Vouchers
January 15th, 2010
Apple are delighted to announce that Honda of the UK Manufacturing have decided to transfer their existing scheme to Apple Childcare Vouchers. The transfer will see over 100 employees transfer from Honda's existing provider to Apple Childcare Vouchers and will start in April 2010. Appl are looking forward to working with Honda and their employees.
Prime minister fails to convince the industry on changes to childcare voucher tax breaks - HR Magazine
October 21st, 2009
The prime minister has denied the Government will scrap childcare vouchers and has maintained the tax credits low and middle-income parents will receive are better than the tax efficiencies on childcare vouchers.
But Gordon Brown confirmed the Treasury would be phasing out tax and National Insurance efficiencies on the perk.Responding to a petition from working parents campaigning for childcare vouchers not to lose their tax efficiencies, which was suggested by the prime minister in his speech at the Labour Party Conference, Brown said: "I can see that childcare vouchers are a big concern to many of you, so let me take this opportunity to clear a few things up.
apple childcare vouchers summer newsletter
August 28th, 2009
Welcome to the first edition of the Apple Childcare Vouchers Newsletter. I take great please in writing this first edition to inform you, our valued clients, parents and carers, of our news and achievements over the past 12 months...
Online system aims to make vouchers easier - nursery world
February 26, 2009
The founder of nursery group Kidsunlimited has launched a childcare vouchers company with cutting-edge online features...
nursery duo in voucher venture - manchester evening news
February 16, 2009
CHILDCARE entrepreneurs Stewart and Jean Pickering have returned to the sector after selling their chain of nurseries...
Bearing Fruit - Moderngov
Jan 09
GovNet Communications Welfare to Work 08 Conference, held this December at the Business Design Centre in London, saw the launch of a new childcare vouchers scheme that could lead to working parents saving up to £1,196 per annum...
