Fees charges by Childcare Voucher scheme providers

[JRCT]

Thank you very much, eek and Graig. £243 it is. I am going to write an agreement for my childminder and I to sign. Is there any thing else I or my accountant need to do?

It should be noted that any child-minder needs to be approved/ registered. You can't just give £243 to Gladys next door.

[css_jay99]

My 10month old is starting nursery tomorrow and in my true fashion of timing just started looking at childcare vouchers ...


The mrs will be getting £243 from work. She also said her HR dept was also mentioning something about salary sacrifice which i really did not understand ...

Anyhow, after reading via this thread I have two questions.

1) If I make my Mrs and employee/secretary of my ltd company can I also give her £243 child voucher as well as well considering she is getting that at work ?. Our Nursery fees is about £1100 monthly. This would mean giving the nursery £729
2) What should be the content of agreement with the nursery?


cheers

[css_jay99]

1) If I make my Mrs and employee/secretary of my ltd company can I also give her £243 child voucher as well as well considering she is getting that at work ?. Our Nursery fees is about £1100 monthly. This would mean giving the nursery £729
2) What should be the content of agreement with the nursery?

Advice pls

thanks

[LisaContractorUmbrella]

Advice pls

thanks

I can't vouch for the information provided here http://www.daccountant.co.uk/Childca...%20company.pdf but it might answer your questions

[css_jay99]

Thanks Lisa,

That answers my 2nd question

[LisaContractorUmbrella]

Thanks Lisa,

That answers my 2nd question

Glad to help

[ASB]

She also said her HR dept was also mentioning something about salary sacrifice which i really did not understand ...

Salary sacrifice means it will come out of her gross pay without deductions. So there is a tax and Ni saving (and an NI saving for the company too). Though it does depend on the exact circumstances.

A write up here:-

Childcare Vouchers - A Working Parents guide to Salary Sacrifice