Lobbydog has learnt that Number 10 is on the brink of officially announcing a U-turn on childcare vouchers.
At present, working parents can make savings on the cost of childcare by opting to receive £243 of their monthly pay in vouchers before income tax and National Insurance are deducted.
However Gordon Brown had said no new entrants would be accepted to the scheme after 2011, while the tax relief would end for all people still receiving the vouchers from 2015.
At conference the PM said the money saved would instead be used to provide 40% of two-year-olds with ten hours of free childcare a week on a means-tested basis.
But a revolt by Labour women who reckoned the change would push middle class voters away has forced the plan to be shelved.
I understand that they may simply take people on the top rate income tax off the vouchers scheme but retain the rest – time will tell.
News of the U-turn had yet to be confirmed by Downing Street officials, who until now claimed that no decisions had been made.
Thursday, 3 December 2009
U-turn pending
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Reading this really made me think about how uncertain situations can completely change people’s plans and mindset overnight, especially during difficult economic or political periods when nobody really knows what direction things are going in. As a student, I feel like there is a similar kind of pressure when deadlines, responsibilities, and future worries all build up at the same time because you are constantly trying to stay on track while figuring everything out. In those moments when things start feeling overwhelming, students often think about pay for assignments online just to manage workload better, and Native Assignment Help is a name I have seen come up among students when academic pressure becomes too difficult to handle alone.
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