I have been using childcare vouchers from my employer and Sodexo, a voucher scheme administrator, for 11 years now. I don’t get childcare tax credits, so this is the next best thing for me.
This year’s budget has introduced some changes, but don’t come into play till next year, so till then I will use my voucher entitlement.
I don’t pay tax or NI on childcare vouchers, so that’s a huge plus.
As the kids grow up, childcare costs have decreased, but I still use holiday clubs and after school clubs and the ones I use accept vouchers. Even in teen holiday clubs, they are accepted!
Childcare vouchers are a salary sacrifice scheme. You need an employer that offers the scheme, and your childcare provider has to accept vouchers for it to work. If you …