Enter your details to give you an idea of the kind of savings you could make on your childcare fees.
For Employees : Overview
At present, your salary is subject to tax and National Insurance deductions. Under the childcare voucher scheme you are able to take a portion of your salary as childcare vouchers which are not subject to tax and National Insurance deductions. This allows you to save money on the cost of your childcare through your tax and National Insurance savings and is referred to as a
‘salary sacrifice scheme’. A Childcare Voucher Scheme is offered as a benefit via your employer.
What Could This Scheme Offer You?
- Help towards your existing childcare fees
- Savings of up to £933 for low rate tax payers and savings of up to £625 for
high rate tax payers
- It’s easy to do, flexible and convenient.