Childcare Vouchers Benefits for Parents and Employees
Can I Get Childcare Vouchers?
Childcare voucher schemes were an integral part of the government’s childcare policy howeve the UK Childcare Voucher Scheme closed to new entrants on October 4th, 2018.
But there are options available to replace the Childcare Vouchers scheme. The Enjoy Benefits schemes allow parents to pay for their childcare needs out of their pre-tax salary. The Workplace Nursery benefit which can be run by your employer will contribute £1200 per child per annum to your nursery costs.
What was the major benefit of the childcare voucher scheme?
Nothing that you can't still enjoy with Workplace Nursery! Tax-efficient and offering significant tax and national insurance savings. Generally most employers offer what is known as a ‘salary sacrifice’ scheme, which effectively means working parents exchange some of their income towards childcare costs. By taking part in a salary sacrifice childcare voucher scheme, an employee agrees to trade some of their wage and receives childcare in return.Back to Frequently Asked Questions