Hi there. We currently offer Bright Horizons back up care in the US, UK and Ireland. We have found it challenging to manage the taxation of this benefit. In particular, it is difficult for employees to understand the tax cost at point of use/booking back up care. Is anyone else experiencing the same issues with Bright Horizons or Bubble? Or has anyone found a successful way to manage this? Thank you in advance.
Hi Louisa,
In my previous company we would report the benefit as part of the annual PAYE Settlement Agreement. I realise that this may not be something all companies can do, but it took away that particular issue for the employees.