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Childcare vouchers

Childcare vouchers enable employees to allocate a proportion of their gross salary to childcare costs.

We promote the use of Fideliti childcare vouchers which can provide a saving for you while paying for your childcare.

About the scheme:

  • Childcare vouchers are an employee benefit aimed at helping working parents pay for their childcare costs.
  • The scheme allows employees to exchange up to £243 per month, directly from their gross salary – before tax and national insurance are deducted to pay for childcare costs.
  • This allows employees to save up to approximately £933 per year. If both parents join the childcare voucher scheme potential savings of up to £1,866 can be made!
  • If you are an employer you can potentially save up to £402 per annum on your employer National Insurance Contributions, for each employee that joins the scheme and takes childcare vouchers.