Recruiting and retaining the quality of staff that your organisation needs to work effectively is an expensive business

Offering valued employees help with their childcare costs means staff stay with the company and are more likely to return to work after maternity and paternity leave. The childcare voucher scheme does not cost the company anything to set up, and it even saves the company up to £227 per employee per annum in NI payments.

Employees can claim up to £243 per month as a voucher.

The company then would normally reduce their gross salary by the value of the voucher using a deduction before Tax and NI is applied. This means that a 20% tax payer can save up to £903.96 per year and a 40% tax payer up to £1195.56 on their childcare cost.

Childcare Voucher Help & Advice is available

Visit our download centre for an information pack or contact us by telephone to discuss how we can work together. Telephone now on 0845 0945 804/5/6. You can register for the Standard service immediately online using the company registration page in the right hand panel. The childcare voucher system is automated and instructions are provided at every stage to make it easy to administer and issue vouchers.

If you would like to read more about how different companies find the childcare voucher scheme, please read the Kellogg case study for an overview of a large company childcare voucher scheme, the case study of how Endemol enjoy the benefits of vouchers affecting the recruitment and retention of staff, or how All3Media found the personable service and flexible childcare voucher system.