Working parents who have children under 16, or under 17 if disabled, in registered and approved childcare can qualify for childcare vouchers. Vouchers are generally issued by employers as part of a salary package and used as full or part payment towards the cost of childcare fees.
which childcare providers qualify?
childminders, nurseries and play schemes
out-of-hours school clubs
nannies
au-pairs
operation
Implementing our v-payplan childcare voucher scheme can be as quick and easy as you like. Choose to register and operate on or off line - according to your company administration systems.
The childcare voucher scheme runs automatically over a 12 month period. Employees set the amount (maximum £243 month) of vouchers they would like to receive towards childcare costs by means of a salary sacrifice. This amount is taken from their gross pay and paid via Cheshire Childcare Vouchers direct into their childcare provider's bank account every month. No physical vouchers need be exchanged.
running things on an automated basis keeps things straight and simple
step 1
step 2
step 3
step 4
step 5
Employees register and set their monthly voucher amounts
Employer orders and receives annual voucher packs for staff
Cheshire Childcare Vouchers invoices employer each month
Employer pays Cheshire Childcare Vouchers
Cheshire Childcare Vouchers automatically pays childcare provider
offering childcare vouchers
You can introduce childcare vouchers in a number of ways:
salary sacrifice - employees elect to substitute part of their salary in return for up to £2,916 per year in vouchers.
straight benefit - vouchers can be given in addition to salary—at an additional cost to the employer. This option can be used effectively at annual salary reviews or package structuring for new employees.
part of a flexible benefits package - vouchers are an easy add-on to a flexible benefits scheme. Employees can choose to receive childcare vouchers in place of another benefit or additional salary.
