Are Childcare Vouchers still available?

Are Childcare Vouchers still available?

Unfortunately, the Government closed the Childcare Vouchers scheme to new entrants on 4th October 2018. This means that if you’re a parent looking to join Childcare Vouchers for the first time that option is no longer available to you. This is because the Government launched a new scheme called Tax-Free Childcare.

How much is Childcare Vouchers per month?

£243 per month for Basic Rate Tax payers. £124 per month for Higher Rate Tax payers. £110 per month for Additional Rate Tax payers.

Where can I use child care voucher?

Childcare Vouchers can be used to pay for a wide range of childcare including:

  • Home based care such as childminders, nannies and au pairs.
  • Pre-school care such as nursery schools, play schools and crèches.
  • Care for older children such as out of school clubs (breakfast clubs, afterschool clubs) and holiday clubs.

Who is eligible for childcare vouchers scheme?

Who is eligible to apply? To apply for childcare vouchers you must: Be the parent/legal guardian of a child/children under 15 years old or under 16 years old if registered as disabled. only use the Childcare Vouchers to pay for childcare that has been registered or approved.

What is the replacement for Childcare Vouchers?

Tax-Free Childcare
Tax-Free Childcare will replace the existing Childcare Voucher Scheme from the 1 October 2018. Parents already receiving childcare vouchers will be able to continue to use them after October if their current employer continues to offer the voucher scheme, but no newcomers will be accepted.

Can you withdraw money from Childcare Vouchers?

Typically, there is no expiry date on childcare vouchers. Employers tend to decide whether to refund the balance of any unused vouchers. However, an employer must refund any balance in the voucher account of an employee leaving the organisation, because it cannot be transferred between employers.

Can I withdraw money from childcare vouchers?

What can you pay with childcare vouchers?

Can you convert childcare vouchers back to cash?

Vouchers can be refunded, but they cannot be transferred between employers. Both working parents are entitled to childcare vouchers. Childcare vouchers are one of the most common benefits employers offer to their workforce and, with childcare costs spiralling, they are likely to become one of the most valued.

Can I use childcare vouchers for a friends child?

No, you can use your voucher benefit to pay any formal carers that you use for any Qualifying Child.

How do I get a refund for childcare vouchers?

Employers tend to decide whether to refund the balance of any unused vouchers. Foster says: “Generally, since employees are receiving vouchers instead of being paid, a refund of the voucher would have to go back through their employer and through payroll. Most employers allow that, but not all.

How do I get a refund for Childcare Vouchers?

What can you do with childcare vouchers at Co-operative?

Childcare Vouchers can be used for before and after school clubs, summer camp, holiday clubs and much more! At Co-operative Flexible Benefits we take great care to protect your personal information. To reflect upcoming changes to data protection law, known as GDPR, we’ve updated our Privacy Policy…

When is deadline for childcare vouchers in Midcounties?

Childcare Vouchers has now closed to new joiners, the deadline was 04th October 2018. Existing users are unaffected and can continue as normal. Sign up to our Cycle to Work scheme. Why Choose Us? A suite of benefits for all your employees not just your working parents!

What makes Midcounties Co-operative flexible benefits different?

An ethical award winning organisation that provides childcare vouchers and a range of employee benefits that delivers great savings to you and your employees. We are Childcare Vouchers experts offering a bespoke scheme and service to meet our clients’ needs. What makes us different?

Is the Co-operative childcare the best childcare provider?

The Co-operative Childcare is a leading ethical childcare provider dedicated to providing the best possible care for children. Your employees can save a further 5% on their nursery fees when they use Co-operative Childcare Vouchers at any of our nurseries.

Are Childcare Vouchers still available? Unfortunately, the Government closed the Childcare Vouchers scheme to new entrants on 4th October 2018. This means that if you’re a parent looking to join Childcare Vouchers for the first time that option is no longer available to you. This is because the Government launched a new scheme called Tax-Free…