An employee benefit that is tax and National Insurance exempt
Once an employer is registered with Computershare Voucher Services, eligible working parents are entitled to exchange up to £243* per month (£55 per week) of their gross salary for Childcare Vouchers. The exchanged proportion of the salary is exempt from tax and National Insurance contributions, allowing your employees to make savings of up to £1,196* per parent, per year on their childcare costs.

Childcare Vouchers that can be used to pay for all types of registered childcare
Save money on all types of registered childcare for children up to 16** years old, including day nurseries, nannies, au pairs, crèches, childminders, out of school clubs, holiday schemes, activity clubs and qualifying childcare offered by schools.

A National Insurance exempt scheme making savings of up to £373 for employers
Childcare Vouchers are National Insurance exempt for employers. Employers can save up to £373 per employee, per year via reduced National Insurance contributions.

A tax initiative
Launched in 1998, Childcare Vouchers are a scheme run by HM Revenue & Customs (HMRC).

*Subject to individual circumstances. An additional higher rate tax-payer may save more.

**1st September following 15th birthday or 1st September following 16th birthday for children with disabilities.