November 22, 2017

Childcare Vouchers

Eden Nursery - Childcare Vouchers   Eden Nursery - Childcare Vouchers   Eden Nursery - Childcare Vouchers

Childcare Vouchers can be used to pay all or part of your childcare fees.   Savings can be made on National Insurance Contributions and Income Tax when you opt to use vouchers to pay for your childcare.  More and more employers are offering this service to their employees and it is worth making enquiries to your accounts/wages department.

House of Eden accepts all childcare vouchers in either full or part payment of childcare fees.

 

Eden Nursery - Childcare Vouchers   Eden Nursery - Childcare Vouchers   Eden Nursery - Childcare Vouchers

Financial Help

 Early Education Grant

Every child is entitled to 15 hours’ free nursery per week during the school term-time from the term after their third birthday. We offer these free sessions in all of our nurseries

 Childcare Vouchers

Additionally every working family is entitled to at least £243 per month tax and NI free, to help to pay for childcare. If you have 2 or more children receiving childcare, both working parents are entitled to the £243.

This saves you the tax and national insurance, for instance, if both parents claim and are on the higher rate of income tax, the family saving will be £2392 per annum! To claim your voucher, please contact your work HR department

 Tax Credits

Many families can receive help with their childcare costs via Working Family Tax Credits.

 To find out whether you are entitled, please contact HM Revenue & Customs on

0845 300 3900 or via www.hmrc.gov.uk/home.htm

There are a number of excellent sources of information on-line regarding Childcare Vouchers, including:

HMRC – Are you better off? Online Calculator

Money Saving Expert – Martin Lewis – Childcare Vouchers

Our Own Quick Guide