Business Accountant

Home » Posts tagged 'Vouchers'

Tag Archives: Vouchers

Are you eligible for Connection Vouchers for Broadband? £100m up for grabs

??????????????????

This was first announced in December 2013 and £100m of funding has been allocated.

Broadband Connection Vouchers will be available in 22 SuperConnected Cities across the UK. Click here to see where they are.  If your city isn’t offering vouchers yet, use our Register your Interest form to let us know that you are.

  • Connection Vouchers help your business connect to a better broadband service.
  • You can apply if you are a small business and you are located in an eligible area.  See more in our Can I apply? section and try the postcode checker.
  • The Connection Voucher will pay towards the fixed cost of getting you connected -between £250 and £3,000 – you pay the ongoing line rental charge.
  • Not sure if you need to upgrade your broadband? See why other businesses have made the decision to upgrade.
  • You can choose from a list of registered suppliers.  Take a look a the link on the right to the suppliers in your city.
  • You can find out how to apply from your local city pages – use the links on the right of the page.
  • Want to be a supplier? Read more and find out how to register.

steve@bicknells.net

Tax Free Childcare will the new rules be better or worse?

Mother and daughter with piggy bank

The Government wants to help working families and currently if you are an employee your employer can help with childcare and could for example buy childcare vouchers of up to £55 per week, the vouchers would be a tax free benefit to the employee. However, if you’re self employed you aren’t an employee so the rules don’t apply.

So recently there has been a consultation on what should be be done in the future.

The key proposals are:

  • New Scheme to go live in Autumn 2015
  • Working Families will open Voucher Accounts (self employed or employed)
  • As parents pay in the government tops up the account with 20p for every 80p paid in
  • Top up capped at £1,200
  • To be eligible all parent must work and not receive tax credits or be an additional rate tax payer

The chart below shows how it should work:

Childcare 2

 

steve@bicknells.net