Make savings on childcare costs by paying through salary sacrifice
Childcare vouchers are a great way to help your working parents pay for the childcare they need while at work - up to the value of £243 per month. By paying through salary sacrifice, they get to make tax savings on the costs whilst always guaranteeing that cover is there.
Your organisation can do so much to help working parents - including offering paid maternity and paternity leave. But once parents return to work, you need to make sure that you have a system in place which helps them afford the childcare they need.
Employees can enrol in the Childcare Voucher scheme through your online benefits portal, usually via salary sacrifice
Providers will send the Childcare Vouchers to the parents or credit them to an online account (up to £243/month)
The childcare provider can then redeem paper or electronic vouchers as payment
To find out more about all the benefits available through Benefex's Marketplace, take a look at our Corporate Benefits brochure.