Childcare Vouchers
Free of Income Tax and National Insurance contributions, childcare vouchers offer significant benefits to parents , employers and childcare providers.
By using our parents savings calculator or employers savings calculator you can quickly determine the savings on offer when using childcare vouchers.
Parents
Unfortunately, childcare vouchers are not currently available for self employed persons. For employees however, childcare can become much more affordable by joining an employer operated childcare voucher scheme.
For basic rate taxpayers the savings can be as much as £933 per year! Higher rate and additional rate taxpayers also benefit with annual savings of £623 and £606 respectively. Don't forget the savings are per parent! Use our parents savings calculator to find out how much better off you could be by paying for your childcare with childcare vouchers.
If you are not already using childcare vouchers, read our parents guide to childcare vouchers or if you are ready to start using childcare vouchers and your employer doesn't currently offer a childcare voucher scheme be sure to tell them to have a browse through our employers guide to childcare vouchers and then contact us.
Employers
By offering all employees childcare vouchers through a Salary Sacrifice Scheme employers can make considerable savings.
Exempt from Income Tax and National Insurance contributions, childcare vouchers make for a great benefit, help to attract new employees as well as retain existing talents and a flexible childcare voucher scheme could provide a 13.8% saving of the total value of childcare vouchers provided to employees. If just one employee received the maximum amount of childcare vouchers an employer could save up to £402 per annum!
Use our employers savings calculator to find out how much you could save!
Browse our employers guide to childcare vouchers for guidance and assistance in understanding childcare vouchers and Salary Sacrifice Schemes and if you would like further information from several of the leading childcare voucher providers please do not hesitate to contact us
Childcare Providers
Childcare vouchers can assist in attracting and retaining existing parents. Joining a childcare voucher scheme is both convenient and easy, and best of all it's free. And, as you are not limited to any one scheme, you can rest easy knowing you will be able to accept childcare vouchers from all your parents whoever the childcare voucher provider maybe!
If you require further information or if you are having problems identifying a particular childcare voucher please don't hesitate to contact us