Childcare Vouchers can be used to pay for all forms of registered childcare from birth right up to the first September after a child’s 15th birthday (16 if the child has a disability).
You deduct the childcare voucher amount from gross pay before Tax and NI is applied
Those funds are then transferred to Enjoy Benefits Ltd to make payments to the childcare providers
Class 1 NI saving for each £1 of employee’s salary exchanged for Childcare Vouchers, on average £250 per annum per employee.
Increased morale by reducing employee’s financial committments for childcare.
Positively affects absenteeism and return to work after maternity.
Opens up recruitment options, and reduces recruitment costs, giving access to a wider pool of talent and skill.
Complement your organisation’s work life balance strategy and enhances retention of staff
Employees save between £623 and £933 per annum in Tax and NI charge
The employee can choose from a large range of qualifying childcare provision options
The childcare provider can be paid automatically into their bank account
No cost to the business to implement, you actually save money!
Companies make massive savings on NI contributions for the employee
We charge a small management fee which is more than covered by the savings the company makes
Attract and retain the best employees by helping with their childcare provision…
Contact us here to start making savings for you and your employees
The Workplace Nursery Scheme allows employers and employees to save Thousands every year
Click here to learn more about the £1000s your employees can save