Parent Benefits
Your employer is able to provide childcare vouchers for you as a benefit and this allows you to save on childcare costs.
For the 2008/9 tax year the tax free voucher allowance is £55 per week (£243 per month). The savings are
quite substantial, up to £903.96 per annum for a 20% tax payer and £1195.56 for a 40% tax
payer.
The vouchers can be used for any registered or approved childcare for children aged
between 0 - 16 years.(terms apply). Nannies, nurseries, childminders, holiday and after school clubs are just a few examples.
The scheme works by your employer providing childcare vouchers from Early Years Vouchers
Ltd that you can give to your childcarer. The carer then redeems these with Early Years Vouchers Ltd. There is no extra cost involved for the
carer. The employer deducts the value of the vouchers from your gross pay before tax
is applied, hence the saving.
You will find more information and fact sheets in the Download
Centre for you, your employer and your carer in the navigation bars above.
If you would like us to email you an information pack, please fill
in the small form here and we can contact the carer and employer for you. You can also request a call back using the form in the bottom left panel
Back to Key Benefits