1) Help Paying For Childcare
Tax Free Childcare is an online payment account, topped up by the Government, which parents use solely to pay their childcare costs. For every £8 that families pay in, the Government will make a top-up payment of £2, up to a maximum of £2,000 per child per year (or £4,000 for disabled children).
30 hours free childcare
30 hours childcare for three and four year olds will be available in England from September 2017. This doubles the existing 15 hours currently available and could save working families up to £5,000 a year.
2) Childcare Tax Free Vouchers
As a parent juggling the demands of work and home, you’ll know how important it is to be able to find affordable, reliable childcare.
Childcare Vouchers are a great way for employers to give working parents help with dependent children. They can help you find quality childcare to suit the needs of your family – and, because you don’t pay tax or National Insurance on Childcare Vouchers, you can save about £1,000 per year. Not to mention the big savings on different lifestyle products and services we make available to our Childcare Voucher users.
3) Childcare Vouchers vs Tax Credits
Childcare vouchers from your employer may affect the amount of tax credits you get. This calculator can help you decide if you would be better off taking childcare vouchers or not. It’s just a guide and your actual tax credits entitlement is worked out when you make a claim or report a change in circumstances.
Before you start
If your employer makes direct payments to a childcare provider, treat those payments as if they were vouchers when using the calculator.
4) Maternity pay and leave
Everything you need to know about your entitlement to maternity pay, leave and returning to work can be found on the following link:
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