Co Op Childcare Vouchers
But don t just take our word for it.
Co op childcare vouchers. You ll give up part of your salary to buy up to 55 of tax and national insurance free childcare vouchers each week. Co op s childcare voucher scheme is a salary sacrifice arrangement. Childcare vouchers are just a different way for parents to pay their childcare costs which saves tax and ni contributions. Further reduce the financial burden on working parents.
Employees who have temporarily opted out of childcare vouchers for example due to maternity leave or a career break can re join the childcare voucher scheme and will. One family from our croydon nursery are here to tell you why we makes a big difference to them. The co operative childcare will apply 5 discount to any. Parents can make significant savings so they are often keen to pay their childcare provider with childcare vouchers.
An ethical award winning organisation that provides childcare vouchers and a range of employee benefits that delivers great savings to you and your employees. At co operative flexible benefits we take great care to protect your personal information. Combining co operative childcare vouchers with 5 nursery discount will. Childcare vouchers can be used for before and after school clubs summer camp holiday clubs and much more.
As of the 5 th october 2018 the childcare voucher scheme has closed for parents to join however childcare providers can enrol to accept vouchers and employers looking to move their existing schemes can set up an account. Saves the employer up to 402 per annum for each parent that joins the scheme. If both parents are eligible they can save up to 1 866 per annum. The government allows working parents to benefit from income tax and national insurance ni exemptions on up to 243 per month when used to pay for qualifying childcare.
When you join a co op nursery your family gets a little bit bigger. Your employees can save a further 5 on their nursery fees when they use co operative childcare vouchers at any of our nurseries. The amount you can save on childcare costs depends on how much income tax and national insurance you pay. Welcome to co operative flexible benefits co operative flexible benefits is part of the midcounties co operative the largest co operative in the uk and established since 2005.
Childcare vouchers are an employer supported benefit therefore can only be accessed via an employer scheme. Saves the employee up to 933 per annum for each parent that joins the scheme. The co operative childcare is a leading ethical childcare provider dedicated to providing the best possible care for children. Childcare vouchers are the simplest way for employees to pay for quality childcare through salary sacrifice.
We re proud to offer big differences where it matters to our families.