Welcome to BabyandBump's Home Life, Relationships & Finance Forum - Family, home & financial issues can sometimes become a burden, let off some steam & seek some friendly advice from others. This thread is called 'Childcare vouchers from employer' and is in our You And Your Family section. |
Jun 5th, 2008, 15:46 PM
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#1 | | ♥ Caitlins Mummy + Bump BabyandBump Admin
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I'm Currently Feeling: | Childcare vouchers from employer Anyone get these from employer?
Never heard of them before until looking at the tax credits site - wondering if its worth whiel for the company to provide them & if to suggest to my boss although I think I am the only one within the company that has a family  |
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Jun 5th, 2008, 16:06 PM
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#2 | | Mom to Sebastian Chat Happy BnB Member
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| Quote:
Originally Posted by Wobbles Anyone get these from employer?
Never heard of them before until looking at the tax credits site - wondering if its worth whiel for the company to provide them & if to suggest to my boss although I think I am the only one within the company that has a family  | I will be getting them when I return to work. Each company is different, but here is some information on them: http://www.moneysavingexpert.com/hea...dcare-vouchers | | | | Status: Offline
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Jun 5th, 2008, 16:08 PM
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#3 | | Mum of 2, pg with #3 BnB Addict
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I'm Currently Feeling: | I have these through my company http://www.busybees.com/
It's still worth it, even for smaller companies. All the details are on the site.  |
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Jun 5th, 2008, 17:17 PM
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#4 | | Prodest mummy ever BnB Addict
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I'm Currently Feeling: | Im going to be getting busy bees vouchers too, and Matt gets them from his work. They save you an awful lot of money. Definately worth asking about.
xxx |
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Jun 5th, 2008, 17:58 PM
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#5 | | ♥ Caitlins Mummy + Bump BabyandBump Admin
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I'm Currently Feeling: | So to be nosey if nobody minds answering - how much do they give you?
My company is small so not sure ...is he like throwing money at me if he did it or does he get it back? |
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Jun 5th, 2008, 19:32 PM
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#6 | | Mum of 2, pg with #3 BnB Addict
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I'm Currently Feeling: | Basically I get £243 from my gross earnings paid from the company to Busybees. They then pay that to the nursery and I make up the difference. What it means is that I don't pay tax or NI on the £243, which saves about £60-80 a month. Also, because it's off your gross earnings, my annual salary goes down by this amount for the tax credit award!
My employers don't pay anything to busybees that they wouldn't be paying to me. |
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Jun 7th, 2008, 16:33 PM
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#7 | | Chat Happy BnB Member
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I'm Currently Feeling: | Wobbles are you planning on putting Caitlin into Childcare whilst you work? You can only claim them if your child is looked after by a registered Child Minder/Nursery.
Both DH & I claim them and like Amanda says you save on Tax & NI but I've just spoken to the Tax Credit people and we're actually worse off  think it's because I was on Mat leave.
Cx |
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