Exemption from Benefit in Kind (BIK) on facilities wholly financed and managed by an employer, or by several employers in co-operation. It does not apply to employers who simply purchase or subsidise places in an independent creche.
100 per cent capital allowance on the construction cost of childcare facilities. There is a cap of £25,000 on the offset of capital allowances and a cap of 113 on investors per project.
