The Childcare Voucher scheme has been able to provide a positive benefit to a number of parents in our organisation.

Rachel Street
Ofsted

 

Salary sacrifice explained


The most common way to provide employees with childcare vouchers is via salary sacrifice, where Childcare Vouchers are offered as part of an employees existing salary. The employee sacrifices part of their wages in return for a similar value in vouchers.


Benefits of salary sacrifice

As a binding agreement in employment law, both parties are protected by legislation when entering into a salary sacrifice agreement.

You pay no NI on the amount agreed and your employee pays no NI or tax too, so everyone saves.

Find out more

To find out more about the potential benefits of setting up a salary sacrifice scheme, please contact us.

For answers to commonly asked questions see Employers FAQs.

Next: Read more about launching our scheme

Employers - Enquire online here 

Or give us a call on 0843 453 4406*


 
 

*Calls cost 5p per minute plus your phone company's access charge.