The Income Tax (Qualifying Child Care) Regulations 2007
These Regulations amend section 318C of the Income Tax (Earnings and Pensions) Act 2003 (“ITEPA”) which provides for an exemption from income tax for employee benefits in respect of certain employer-provided or employer contracted child care. The amendments provide for the introduction of the Tax Credits (Approval of Child Care Providers) (Wales) Scheme 2007 (S.I. 2007/226 (W.20)) (“the Welsh Child Care Scheme”) which came into force on 1st February 2007 subject to a prohibition on the granting of approvals under the scheme before 6th April 2007 and the Childcare (Voluntary Registration) Regulations 2007 (S.I. 2007/730) which comes into force on 1st April 2007. An amendment is also made to remove the age restriction previously in place for out of school hours care. This brings the legislation into line with the corresponding regulations made under section 12 of the Tax Credits Act 2002 (c. 21).