insurance umbrella definition
Danbro Specialist Accountants offers an additional benefit to customers by setting up the nursery Danbro Voucher Scheme.
Many of contractor accounting firm, independent worker and clients are working parents who have to pay for childcare.
Now the company has launched the scheme Danbro child care voucher to take advantage of a government-approved system whereby the first £ 55 per week of childcare vouchers issued by an employer is free to both taxes and social security contributions for the employee. They also offer insurance for domestic savings employers.
Danbro Under the scheme, a contractor effectively pays up to £ 55 a week of their gross salary – which would normally be taxable and social security – in return for childcare vouchers.
The savings are made on taxes and national insurance can add up to significant sums in the course of the year and the small weekly fee they pay to Danbro to cover the costs of administration is also tax deductible.
Danbro estimated depending on the circumstances Individual parents can save up to £ 2,392 in costs of childcare over a year using the childcare voucher scheme.
The system is open to working parents with children under 16 years in the care of children registered or approved and the basic benefits and taxpayers highest tax rate.
Danbro director Damian Broughton said: "We are always looking for ways to improve services to our customers and recognize that nurseries can add considerable cost to working parents, so we hope that our childcare voucher scheme will provide a financial subsidy helpful for our contractors. Taking advantage of this system is certainly worth it. "
For more information contact Danbro to head office on 01253 600140 or from their London office 0207 836 8400 alternatively please click Visit here or send an email to target = "_blank"> umbrella @ Danbro
About the Author:
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
MINIMISE ADMINISTRATION
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
Visit Danbro
Article Source: ArticlesBase.com – Danbro Umbrella Company Launches New Childcare Voucher Scheme
Contractor Pensions
