Submitted on Monday 2nd July 2012
Published on Tuesday 3rd July 2012
Current status: Closed
Closed: Thursday 3rd January 2013
Signatures: 3
Great Idea! - Using tax free childcare vouchers to pay for university fees
Parents use tax free childcare vouchers for childcare and preschool education, but what about when the children leave school at 18 and want to go to University?
I propose that parents should be able to continue to save and bank tax free vouchers in the scheme to help pay for university fees and accommodation costs in the future.
If the child decides not to enter higher education then the money is repaid to the parents with the tax deducted but a rate of interest paid.
I would like the Government to make this tax benefit available.
Better still - the Govenment set this scheme up themselves.
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