Childcare vouchers now have a very important part to play in the everyday lives of working families. At last, there has been a true and genuine incentive introduced which generates substantial cash savings for each working parent.
Welcome to the section dedicated to the employer. You will find here guidance from HMRC about running a salary sacrifice scheme, useful examples of where the savings are made, and an essential checklist for making sure you have everything in place.
Register with Fennies Vouchers and just let your parents and their employers do the rest. It really is that simple. You will still receive the same pounds value in money for the childcare you offer, but your parents will be better off due to the tax and national insurance savings.
Welcome to the section dedicated to the employer. You will find here guidance from HMRC about running a salary sacrifice scheme, useful examples of where the savings are made, and an essential checklist for making sure you have everything in place.
Childcare Voucher Guide
A document outlining the reasons why the government have offered this incentive, and detail behind the scheme operation.
How you can help your employees with Childcare (E18)(IR)
A very detailed publication from HMRC, designed to cover all aspects of how you the employer can help your employees with their childcare. The publication is the E18 (2005), and is downloaded direct from the HMRC website from this link.
It is recommended that at the commencement of any salary sacrifice agreement, that you write and advise your local tax office of your intentions. Please find here an outline example of what to include within that letter.
'How much do l actually save?', is the question on everyone's lips, so please take time to look at these payslips for a 'before' and 'after' example of childcare vouchers working through salary sacrifice. These examples show both the saving for an employee and an employer.
Please complete this form, and return it to the address at the bottom of the last page. Once we have completed our formalities, we will e-mail you your username and password, and unique reference number with Fennies Vouchers.Com, and we will then be able to process application forms from your employees.
The introduction of childcare vouchers provides a genuine cash saving for working parents, and Fennies Vouchers would like to ensure that the experience of using childcare vouchers is quick and simple, and does not add an unnecessary administrative burden to the already busy lives of the working family.