How much can I save? 

 

 

Savings apply to parents who register on or after 6 April 2011.
The savings you make will depend on your circumstances.
Savings subject to individual circumstances
Minimum voucher order £20
For use as general guidance only.


Childcare vouchers benefit all tax-payers. Above is a table showing the savings you could enjoy by using childcare vouchers.

For a guide to your own personal savings, click here to use our free online savings calculator.

Please Note: For parents joining a scheme from 6 April 2011, the Government has capped the amount of childcare vouchers a tax-payer can request each month to £243 for a Basic rate tax-payer, £124 for a Higher rate tax-payer and £97 for an Additional rate tax-payer. Parents who joined their employers childcare voucher scheme before 6 April 2011 can continue to request up to £55 a week in childcare vouchers, regardless of their tax status, providing they remain in their employers’ scheme (i.e. they have received a childcare voucher in the last rolling 12 month period). Some employers allow their employees to take more than the capped amount. However, any additional childcare vouchers over the Government limit are not tax-free and NI-exempt.

A number of state benefits - Statutory Sick Pay for example - are dependent on maintaining a minimum level of NI. Your gross pay, after deducting the value of your childcare vouchers, must not be less than £7,475 a year (£623 a month) in the April 2011-12 tax year.