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 inquiries to your accounts/wages department.
House of Eden accepts all childcare vouchers in either full or part payment of childcare fees.
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 £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 online regarding Childcare Vouchers, including:
HMRC – Are you better off? Online Calculator
Money-Saving Expert – Martin Lewis – Childcare Vouchers