OpenLegislation

The Income Tax (Qualifying Child Care) (Wales) Regulations 2021 in England

S.I. 2021/1344 · Made 30 November 2021

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

Income Tax, Wales

Made 30th November 2021

Laid before the House of Commons 1st December 2021

Coming into force 22nd December 2021

The Treasury make the following Regulations in exercise of the powers conferred by section 318D(2) of the Income Tax (Earnings and Pensions) Act 2003f1.

The Treasury consider that it is appropriate to make these Regulations, having regard to the corresponding provisions of regulations under section 12 of the Tax Credits Act 2002f2 relating to entitlement to the child care element of working tax credit.

Annotations to the whole text

Footnotes

f1

2003 c. 1. Sections 318 to 318D were substituted for section 318 by paragraph 1 of Schedule 13 to the Finance Act 2004 (c. 12).

f2

2002 c. 21. Regulation 14(2)(f)(vii) and (2D) of S.I. 2002/2005 contains the corresponding provisions this instrument is seeking to reflect.

Contents

  1. 1Citation and commencement
  2. 2Amendment of section 318C of the Income Tax (Earnings and Pensions) Act 2003
  3. Signature
  4. Explanatory note

1Citation and commencement

These Regulations may be cited as the Income Tax (Qualifying Child Care) (Wales) Regulations 2021 and come into force on 22nd December 2021.

2Amendment of section 318C of the Income Tax (Earnings and Pensions) Act 2003

In section 318C(3) of the Income Tax (Earnings and Pensions) Act 2003f1 (meaning of “qualifying child care”), in paragraphs (f) and (g)(ii), after “Tax Credits (Approval of Child Care Providers) (Wales) Scheme 2007f2” insert “or the Approval of Home Childcare Providers (Wales) Scheme 2021f3”.

Signature

Rebecca Harris

Michael Tomlinson

Two of the Lords Commissioners of Her Majesty’s Treasury

30th November 2021

Explanatory note

(This note is not part of the Regulations)

These Regulations amend section 318C of the Income Tax (Earnings and Pensions) Act 2003 (c. 1), which defines “qualifying child care” for the purposes of exemptions from income tax for employee benefits in respect of certain employer-provided or employer-contracted child care.

Regulation 2 amends paragraphs (f) and (g)(ii) of section 318C(3) to include a reference to the Approval of Home Childcare Providers (Wales) Scheme 2021.

A Tax Information and Impact Note has not been prepared for this Instrument as it contains no substantive changes to tax policy.