Tax Planning and Childcare
A client company operating an energy brokerage, was managed and owned by a young couple who were incurring significant childcare costs in their local nursery.
Red Dot recommended a tax efficient way for the client to fund nursery fees.
We were able to introduce a specialist Childcare company who implemented a Childcare Scheme in the Company.
By using our specialist knowledge and skills, we were able to get our client tax benefits equivalent to two tax years in the first year – saving them over £5,200 in tax.
See www.childcaretaxsavings.co.uk for more details.