Childcare benefits
In order to assist parents of young children to stay in the jobs market, the government has established a scheme which enables the parents to buy childcare vouchers which benefit from tax relief in the form of ‘salary sacrifice’. However, this scheme is not available to the self-employed and provides only up to 15 hours’ […]
Divorce gets complicated
Perhaps surprisingly, divorce rates are falling. According to the Office for National Statistics, there were 101,055 divorces in the UK in 2015, representing a 9% reduction on the previous year. However, the average age at which people are getting divorced is at an all-time high. The average age for men is now over 45 and […]