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Personnel Today

Tax credit bid to keep female talent at work

by Personnel Today 25 Sep 2001
by Personnel Today 25 Sep 2001

Leading consultants have called for working mothers to receive a tax credit
equal to 50 per cent of their childcare costs to stop women leaving the jobs
market.

Ernst & Young has backed the campaign, which was inspired by working
mother Jacquline De Baer, during the recent Work-life Balance Week, and urged
the Government to consider the measure.

De Baer, who is CEO of uniform manufacturing company De Baer, said,
"Eighty per cent of my workforce are women and they are vital to my
business. Unfortunately, if they have children many of them can’t afford to
work, and we lose some of our best talent."

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Ernst & Young has calculated that this level of tax relief would cost
£1bn – equivalent to a third of a penny on income tax.

"The tax regulations regard paid childcare as a luxury. We’ve started
the ball rolling and we want to pressure the Government to make a change."

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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Personnel Today
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