Have you ever heard of childcare vouchers? No? Than it's time to get familiar with it. As an employee you are entitled to ask part of your salary in childcare vouchers. Your company needs to have a childcare voucher scheme. If you've never heard about it than it's also time to ask your manager how to register into their scheme.
What is a Childcare Voucher Scheme?
You can ask your employer to put part of your salary in childcare vouchers. You don't have to pay tax and NI after that money on your salary. It can save up to 1000 GBP/per year on childcare. If both of the parents are entitled to receive this kind of compensation it can mean 2390 GBP less in tax and NI per household per year. Sounds like a lot of money.
How can I register for a Childcare Voucher Scheme?
Most of the companies have CVS. Ask your manager how to register. Read more information about this here. When you register with a certain CVS company you have to ask your nanny to open an account with them. She gets a registration number so you can connect with her via your account. And tadam you can send part of her salary from there. You have to set up an automatic payment (per month amount). Talk to an advisor from the CVS company about your options.
How does the payment work?
You don't have to worry too much about it. When you set up the automatic payment it sends the money to your nanny's account. It is a simple bank transfer from your CVS scheme account to her bank account. So no paper vouchers or hassle for you.
Is there any other benefit of using CVS vouchers?
It's entirely up to your CVS Company. There are some who offer plus service for their costumers. If you have EdenRed Account you can have discounts on family day out, vouchers for high street retailer shops and much more. It always worth to ask about the plus benefits when you set up your account with them. Read more about plus benefits on your EdenRed account here.
For the first part of the Ofsted registration benefits for parents please read 4/3. Ofsted registration - for parents - papers
People of all ages and abilities should have the opportunity to earn an income. family first are committed to removing the barriers to entry to getting a job or working more hours.
ReplyDeleteIn our simple life, The heart plays a very specific role. Now you are able to make your life healthy and it has no space for any type trouble. These all are possible with the help of AGBAZARA TEMPLE OF SOLUTION. He helped me cast a spell that cured my heart problem in a short time. you can also contact him on ( agbazara@gmail.com ) or call OR WhatsApp him on +2348104102662 and get your disease of all types cured with his powerful voodoo spell.
ReplyDeleteIn our simple life, The heart plays a very specific role. Now you are able to make your life healthy and it has no space for any type trouble. These all are possible with the help of AGBAZARA TEMPLE OF SOLUTION. He helped me cast a spell that cured my heart problem in a short time. you can also contact him on ( agbazara@gmail.com ) or call OR WhatsApp him on +2348104102662 and get your disease of all types cured with his powerful voodoo spell.