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Childcare Vouchers - Busy Bees Benefits

Childcare Vouchers - Information for Employers

This page summarises the key points about the Childcare Voucher Scheme for employers. If you would more detailed information please download a Employer Pack.

What are Childcare Vouchers?

Childcare Vouchers are a government-initiated scheme available from employers for employees to use to pay for their childcare costs. Childcare Vouchers have been designed to make childcare more affordable for working parents.

Most commonly, Childcare Vouchers are implemented using salary sacrifice. Employees simply exchange part of their salary, up to £243 per month, for Childcare Vouchers, which are then used to pay the employees' registered childcare provider. As Childcare Vouchers attract tax and National Insurance savings, employees can save up to £933 per year on the cost of their childcare.

Benefits for Employers

Childcare Vouchers save money for organisations as well as for employees, as they do not attract employer's National Insurance contributions. Employers can save up to £402 per employee on the scheme, per year. Even though employers are required to pay a small service charge, this will always be less than the savings employers can make.

Offering employee benefits such as Childcare Vouchers can help to:

  • Attract and retain skilled staff
  • Improve the morale of the workforce as they help to make childcare more affordable
  • Make is easier and more financially beneficial for parents to be able to work
  • Add to your benefits profile, making you an employer of choice

Why Choose Busy Bees Benefits?

Busy Bees Benefits has developed and implemented Childcare Voucher schemes for thousands of organisations, of all sizes, across a variety of industry sectors. Our experience and expertise help us to deliver a world-class service for your employees.

We do not require organisations to sign a contract as we trust you will be pleased with the service you receive.

All organisations can be assured that funds are safe and secure as they are held in a secure trust account until employees make payments to their childcare providers.

More Information

To set up a Childcare Voucher scheme for your employees or to switch Childcare Voucher provider to Busy Bees Benefits contact us using the contact form or call to speak to a customer service advisor on 0330 333 9100.