Childcare vouchers saving

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Childcare vouchers saving

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Bugs

Joined: 28 Oct 2004
Posts: 10744

Posted: Thu Oct 20, 05 10:18 am Post subject: Childcare vouchers saving

https://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1129566540,79743,

Quote:

"a little-known government childcare voucher scheme which can save you thousands on nursery fees or child minder costs each year"

I don't really understand this and am glad I don't have to but I know lots of you work and have small people that need to be kept somewhere so thought it might be useful.

bagpuss

Joined: 09 Dec 2004
Posts: 10507
Location: cambridge

Posted: Thu Oct 20, 05 10:29 am Post subject:
There is something run at the sanger for getting child care vouchers so you don't have to pay NI on the cost I think

Blue Peter

Joined: 21 Mar 2005
Posts: 2400
Location: Milton Keynes

Posted: Thu Oct 20, 05 10:34 am Post subject:

bagpuss wrote:

There is something run at the sanger for getting child care vouchers so you don't have to pay NI on the cost I think

Yes, if your company participates in the scheme (and it might not). An amount up to £217 per month is extracted from your salary as a voucher to pay for childcare costs, before national insurance is paid. It applies per parent, not per child,

Peter.

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