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Every parent working
for your company can benefit from childcare vouchers for their children. |
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A child qualifies for vouchers up to
1st September following their fifteenth birthday (or if disabled their
sixteenth birthday). |
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You can download a pdf of a checklist
detailing all Scheme conditions
for employers by clicking here. |
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Both parents can qualify for tax-free
vouchers up to the value of £2,915 per tax year, regardless
of the number of children. |
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Vouchers will be tax and NI free up to
a value of £2,915 per working parent. Thats £5,830
worth of tax free childcare if both parents are working. |
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Offering this to your employees, in return
for a salary sacrifice to that value, will mean they can benefit from
a cash-in-hand increase of over £75 per month. |
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As this extra money is tax-relief, its
a salary increase that need not add another penny to your overhead. |
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And it need not even cost you a penny
to administrate if you bring in the
professionals at Parentbond to do it for you. |
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Choosing a Parentbond Childcare Voucher
Scheme for your staff will have no negative impact on your overhead! |
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Because childcare vouchers are exempt
from National Insurance, your company also makes a saving by running
a childcare voucher scheme. |
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Parentbond takes its fees from this
NI saving meaning your current overhead need not increase
by a single penny for the implementation of the whole Parentbond scheme. |
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When your company takes on a Parentbond
scheme, you, your employees and their chosen childcare provider will
all have access to the Parentbond Helpline
helpful, friendly, expert advice on all aspects of childcare
vouchers. |