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Some 36 per cent of HR professionals do not know that childcare vouchers will be phased out for new joiners from next April, according to a survey.
A survey by People Management of 129 HR workers, 90% of whom worked in companies that offer vouchers, found just over a third had informed staff of the changes coming in even though 86 per cent felt it was HR’s job to make parents aware.
The changes will not apply to employees who already receive vouchers unless they come out of a scheme and seek to rejoin after April. The reason for the change is the government’s introduction of tax-free childcare which it says will reach more employees than vouchers. However, research shows some parents will be better off with vouchers – particularly those where both parents are eligible for vouchers. Tax-free childcare means parents can claim back up to 20% of childcare costs up to a ceiling of two thousand pounds a year per child.
The survey also shows 24 per cent of HRs thought none of their staff knew about the changes and 78 per cent said no-one had asked them about them. Half (52 per cent) said they were slightly worried the changes would make it more difficult for staff with children to arrange and pay for childcare and 29 per cent said they were very worried.