Maximise The Benefit
Maximise Childcare Vouchers are a way of Employers providing help with Childcare costs for Working Parents

Maximise Childcare Vouchers

"The great thing about Childcare vouchers is that they offer savings to both working parents and employers. As a result, parents can Maximise the benefit of going to work and employers can Maximise morale and retention. Great results from a simple to use scheme."

Childcare vouchers are a Government initiative designed to help working parents meet the cost of childcare. Working parents can be up to £933* per year better off by “swapping” some of their salary for Childcare Vouchers. The tax savings that can be made by having Childcare Vouchers are per employee, so if both parents work, a family could save £1,866 per year!

Employers benefit too, with savings of up to £402* per scheme member, as the Childcare Vouchers are not subject to Employer’s National Insurance Contributions.

The Childcare Vouchers can then be exchanged by the parents for the cost of Ofsted Registered childcare (such as Nurseries, Nannies, Childminders, Breakfast or After School Clubs, Holiday Schemes etc).

*Actual amount depends upon amount of vouchers taken. Figures correct as of July 2011.

Share the Knowledge
Google
del.icio.us
LinkedIn

StumbleUpon
Digg
RSS
Reddit

Savings Calculator

Half Term Headaches! – My top 5 tips for covering the cost of school holiday childcare

Well, half term is upon us, and it doesn't seem 5 minutes since my little boy was going back to school in September.  Like most w...

Read more »

t: 01332 209005 f: 01332 653657 e: thefamily@maximisethebenefit.co.uk
Company Reg: 07671425 (Reg in England and Wales) Reg Office: The Old Fire Station, Darley Abbey Mills, Darley Abbey, Derbys DE22 1DZ