Tax changes fuel vouchers boom

By Simon Vevers, Nursery World, 24 April 2003

The Busy Bees day nursery group is poised for a major expansion of its corporate childcare voucher business, fuelled by the rises in national insurance contributions and the prospect of vouchers becoming a non-taxable benefit. Lichfield-based Busy Bees Corporate Childcare Vouchers, which has 16 staff, is set to move into larger premises and grow to 50 full-time workers by the end of the year.

The Busy Bees day nursery group is poised for a major expansion of its corporate childcare voucher business, fuelled by the rises in national insurance contributions and the prospect of vouchers becoming a non-taxable benefit. Lichfield-based...

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