Childcare vouchers are a tax efficient scheme to provide working parents with tax free help towards paying for childcare. Every working parent earning above minimum wage is entitled to use between £97 and £243* per month tax free from gross salary towards their childcare costs in the form of Childcare Vouchers.
The employer saves on average £200 per employee per year who joins the scheme in Employers National Insurance contributions. The funds are collected by the employer from the working parent's gross salary and passed on to kidsunlimited by bank transfer to process and seamlessly transfer to the parent’s on line flexible account on pay day (For parents to manage) or direct to nominated childcare provider/s on agreed dates.
See how much you could save:
* Savings dependent on employee tax rate.
* Illustrative employers NI savings based on an average voucher value of £200 per employee per month and
Employers NI contributions at 13.8% (contracted in NI rate).
kidsunlimited has nearly 30 years experience in providing parents and employers with high quality corporate childcare solutions. kidsunlimited operates Childcare Voucher schemes for several hundred businesses across the UK, ranging from SME to FTSE100 companies.
To find out more about starting a new scheme, or transferring an existing scheme please call 01625 417684 ext 4003 or 07973 838832 e-mail firstname.lastname@example.org
For more information visit www.kuvouchers.co.uk
In all communication please quote Zest Payroll Solutions.
kidsunlimited Childcare Vouchers Ltd,
Summerfield’s Village Centre, Dean Row Road, Wilmslow, Cheshire SK9 2TA
Registered in England No. 2102771