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Old 18th July 2008, 18:17   #7
SteveCo
Not worth listening to
 
Join Date: Jun 2008
Posts: 7
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If you set up via a Childcare Voucher specialist company such as Accor (I have set up an account with them but not starting contracting yet so have not activated the account) you would pay 8% of your voucher total per month in admin fees but you save on both Company NI contributions and your own NI contributions. What I am not sure about is whether this is more beneficial than the method of paying from YourCo account and taking the cost out of your profits for Corporation Tax calculation.
I did find Accor very helpful and efficient (and no, I do not have any link with them, just used them as a permie so stayed with them for myCo).

S
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