Childcare Vouchers is a scheme some employers offer to help working parents save on registered childcare costs.
The first £50 per week of childcare vouchers that an employee receives through their payroll are exempt from income tax and National Insurance Contributions (NICs). Employers also save up to 12.8% on employer’s National Insurance Contributions, up to the value of £50 per week.
Childcare vouchers are not means tested and are available to all working parents whose companies operate childcare voucher schemes.
These vouchers can be used to pay for our childcare services.