Danbro Umbrella Company Launches New Childcare Voucher Scheme
Specialist accountants Danbro is offering an extra benefit to its clients by setting up the Danbro Childcare Voucher Scheme.
Many of the accountancy firm's contractor, freelance and temporary worker clients are working parents, who need to pay for care for their children.
Now the company has launched the Danbro childcare voucher scheme, to take advantage of a government-approved system under which the first £55 per week of childcare vouchers issued by an employer is free of both tax and national insurance contributions for the employee. They also offer national insurance savings for employers.
Under the Danbro scheme, a contractor effectively pays up to £55 a week of their gross salary - which would normally be subject to tax and national insurance - in return for childcare vouchers.
The savings they make on tax and national insurance can add up to substantial sums over the course of the year and the small weekly fee they pay to Danbro to cover administration cost is also tax deductible.
Danbro calculates that depending on a parent's individual circumstances, they could save as much as £2,392 on their childcare costs over a year by using the childcare voucher system.
The scheme is open to working parents with children aged under 16 in registered or approved childcare and benefits both basic and higher rate tax payers.
Danbro managing director Damian Broughton said: "We are always looking for ways to improve services to our clients and recognise that childcare can add up to a substantial cost for working parents, so we hope that our childcare voucher scheme will provide a useful financial bonus for our contractors. Taking advantage of this scheme is definitely worthwhile."
For more information contact Danbro at their head office on 01253 600140 or their London office on 0207 836 8400 alternatively please visit click here or send an email to umbrella@danbro
Related Tags: contractor, umbrella company, childcare vouchers, umbrella service, danbro childcare vouchers, childcare tax, save on childcare
Danbro are an Umbrella Company providing accounting services to thousands of Contractors and temporary workers throughout the UK.
As accountants for contractors we aim to:
MAXIMISE YOUR NET EARNINGS
GIVE YOU TOTAL PEACE OF MIND
Whether you choose to run your own Limited Company where prices start at just £80 + vat or wish to work through a Danbro Umbrella Company for only £20 p/w, we can help you to work out which accounting option works best for you.
For more information contact Danbro at
Head Office on 01253 600140
Danbro London Office on 0207 836 8400
Recent articles in this category:
- Benefits of Online Accounting and Bookkeeping
Accounting and bookkeeping are some of the most delicate and time-consuming jobs. It really gets d
- Rodman & Rodman, P.c. Shares Cash Flow Tips in a Bad Economy
So how can a small business survive in a bad economy? Larry Rice, CPA, Director of Strategic Con
- Desston *** Chartered Certified Accountants ***
Our ServicesOur services are varied and include: Accounting Regular management accounts and report
- Irs Debt
Debt owed to the Internal Revenue Service (IRS) is called IRS debt or tax debt. IRS debt may be a
- Money Transactions Worldwide
What is Moneybookers? What are the benefits of using Moneybookers?
- Arc of Greater Plymouth to Hold Children's Holiday Party on December 4th in Marshfield
DATELINE: MARSHFIELD AND
- Adverse Credit Loans: Loaded With Facilities for Poor Scorers
To achieve financial support even after possessing bad credit records one should go for the adverse
- The Lowdown on Accounting Careers
Accounting careers are in great demand, these days. This is because they are providing some amazin
- Budgeting for Retirement
Many people think that once they retire budgeting their money is going to be a lot harder, this is
- Budgeting You Money When Living in an Expensive City
The cost of living in a city increases almost everyday. With just the average rent of a two room Ne
Most viewed articles in this category:
- Successful Payroll Management
Yet, successful payroll management doesn't have to be a chore. Further, you can find significant adv
- Knowing When to Hire a Bookkeeper
Do you love the thought of handling the financial books for your business? For most of us, unless yo
- Benefits of Bookkeeping Outsourcing Online for Accounting Firms
Bookkeeping is a monotonous task for accounting firms. It takes long and tedious hours to maintain t
- Spank Your Bookies
Bettor A: The Ego Bettor - This bettor is primarily motivated by the feeling of superiority that he
- Legal Applications of official Paper Shredder at Accounting Departments
The way shredders are traditionally purchased and sold is by an uneducated consumer talking to an un
- Do you Need Back Office Outsourcing?
Have you ever imagined how important the back office process is for the success of any organization?
- Meet Deadlines and Earn Profit via Tax Preparation Outsourcing
Tax preparation is the information given out by an individual or an organization to a government bod
- Internal Audit Still Faces Talent Shortage
More than half of the 400 respondents to PricewaterhouseCoopers' second annual report..."In tod
- Computerized Financial Accounting - Methods and Practices - Use of software in Accounting
Complete financial accounting course or tutorial covers a range of following topics. It is being eva
- Global Venture Capital: Ernst and Young Reports on Important Trend
"The convergence of globalization, Web 2.0, media and innovations in IT and life sciences are f