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Benefits

• Gives your employees a real financial benefit, saving them up to £1195 per annum
• The scheme is self-financing
• Financial savings for you on National Insurance Contributions
• Financial savings for you on Corporation Tax
• Helps to promote your image as a 'Family Friendly' employer
• Improved staff retention - by reducing your employees' childcare costs, it helps to make it worthwhile to work
• Demonstrates commitment to your staff
• Improves staff motivation and morale and therefore productivity
• An excellent benefit to help recruit staff
• A simple and flexible scheme to introduce and administer
• No minimum number of employees required

Rules

• The scheme must be made available to all employees
• Childcare vouchers provided using a Salary Sacrifice Scheme must not take the employee's reduced pay below the National Minimum Wage
• A log is kept detailing the child using the childcare - their name and date of birth
• Maintain details of the childcare providers used including their Registration or Approval Number and Date of Expiry
• The maximum amount of vouchers which can be taken by employees free from tax and National Insurance Contributions is capped at £55 per week or £243 per month
  
  

  Levels Of Service Offered to Employers

  You Choose:-

  1. We can offer you a complete service package, managing the entire scheme from start to finish.  This includes initial staff surveys, dealing with Salary Sacrifice Agreements, notifying HMRC, calculating employee requirements, registering all the employees and their Childcare Providers, liaising with Payroll, submitting vouchers and finally redeeming vouchers with Carers.
  2. We can simply be your Childcare Vouchers provider, offering support and assistance as required
  3. We can come into your company and set up a Childcare Vouchers Scheme for you to operate yourselves