What is my voucher allowance?

 

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What is my voucher allowance?

This is the amount you are allowed to claim Tax and NI free in childcare vouchers for whatever payroll period it applies to.

If you join the scheme on or after 6/4/2011 the limits are as follows. For weekly paid it is £55 for 20% tax payers, £28 for 40% tax payers and £25 for 45% tax payers

You are allowed to save the allowance or claim it in the payroll month, as long as you do not forward claim

You are also allowed to take vouchers over and above your allowance but your employer would declare the excess on the P11D and/or you would declare it on your self assessment form

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