Childcare Vouchers
Childcare vouchers Save Tax and N.I. If your employer operates a childcare voucher scheme, you can save National Insurance and Income Tax. By registering for your employer's scheme, up to £55 a week can be deducted from your salary and used to provide childcare vouchers for the same amount. This amount, which is deducted from your gross salary, is then exempt from National Insurance and Income Tax.
Voucher Providers We accept vouchers from many providers, but if possible, we prefer to use one of the following companies:
If your employer uses a different provider, our accounts manager will liaise with your employer to make the necessary arrangements.
If you receive paper vouchers, they can be handed in at the nursery to be redeemed each month against your fees, or you can redeem the voucher yourself.
Alternatively, many providers now offer an automatic redemption process. Once you have made this arrangement, the redemption takes place at the same time each month, without any further action needed on your part. If you pay the balance of your fees by direct debit, once we know that you are redeeming childcare vouchers automatically, we will only ever take your invoice total less your monthly voucher payment.
If you have more than one child at the nursery, you can choose whether the voucher payment is split between your accounts, or redeemed against just one account.
For more information about using childcare vouchers at Ivy League Nursery, please do not hesitate to call us on 0208 768 1888 or email us at accounts@ivyleaguenursery.com
Voucher Providers We accept vouchers from many providers, but if possible, we prefer to use one of the following companies:
- Accor Services
- Computershare Voucher Services (formerly known as Busy Bees)
- care-4 (Grass Roots Group)
- Sodexho Motivation Solutions
If your employer uses a different provider, our accounts manager will liaise with your employer to make the necessary arrangements.
If you receive paper vouchers, they can be handed in at the nursery to be redeemed each month against your fees, or you can redeem the voucher yourself.
Alternatively, many providers now offer an automatic redemption process. Once you have made this arrangement, the redemption takes place at the same time each month, without any further action needed on your part. If you pay the balance of your fees by direct debit, once we know that you are redeeming childcare vouchers automatically, we will only ever take your invoice total less your monthly voucher payment.
If you have more than one child at the nursery, you can choose whether the voucher payment is split between your accounts, or redeemed against just one account.
For more information about using childcare vouchers at Ivy League Nursery, please do not hesitate to call us on 0208 768 1888 or email us at accounts@ivyleaguenursery.com
