Childcare Vouchers can be offered to you by your employer in addition to your salary but are more commonly offered as a “salary sacrifice”. This means that you sacrifice a specific amount of your salary and receive that equivalent amount in childcare vouchers. This means you will only pay Tax and NIC on the reduced level of your salary. For more information on Childcare Vouchers visit www.daycaretrust.org.uk or contact us. The key is they enable you to pay for childcare out of your pre-tax and National Insurance income. While this doesn’t sound much, the benefit is huge.
A few very generous employers will simply give you the vouchers on top of your normal salary, but most will ask you to do what’s called a ‘salary sacrifice’, which works something like this, you give up £1,000 of salary but after tax and National Insurance that is only worth about £700 in your pocket – so in return you get £1,000 of vouchers and you are £300 better off. For an accurate figure of savings look at calculators on Accor Services or Computershare Voucher Services. Yet always check first if you’re eligible for tax credits.
Basic rate tax payers (and higher/top rate payers who joined before 5 April 2011) can pay for up to £243 of childcare with vouchers each month (£55/week). This is per parent, so two working parents could get £486 a month of vouchers.
From 6 Apr 2011 new joiners paying higher or top rate tax had their allowance dropped so that all tax payers have roughly the same maximum tax gain. The new limits are:
Basic (20%) Taxpayer: £55/week vouchers, max annual gain £920.
Higher (40%) Taxpayer: £28/week voucher, max annual gain £610.
Top (50%) Taxpayer: £22/week voucher, max annual gain £590.
The number of children you have does not impact the amount you receive; the limits are the same whether you’ve one child or more. Vouchers are not specific to each child and have a long expiry date.
Sayna Blackshaw08/02/2022I can’t recommend Goslings enough. It’s a small, family-like setting which enables the children to develop really strong relationships with each other and their teachers. The staff are energetic, creative, and loving. Activities are varied so no two days are the same. We love it here, our son has absolutely thrived.
Joel Attar01/02/2022Wonderful nursery with an incredible team! The staff are so involved, professional and warm - they have created a great little nursery here. The garden was redone in 2021 and it's a lovely bit of outdoors for the kids to enjoy too. Our kids really enjoy the friendly faces and constantly-changing activities.
Barry Connolly28/01/2022We've had over three years experience of Gosling's with two kids and it's been nothing but positive. The thing that jumps out from day one is the sheer love and care from all of the staff in the nursery. For us this has always been the most important factor - sending your kids into a place where you know they're well looked after and loved.
Helen Orton28/01/2022A wonderful friendly nursery
Matthew Folley28/01/2022We have entrusted Goslings with both of our kids and they have been wonderful, highly recommended!
Naomi Nathan27/01/2022My son has been attending Goslings for two years and we couldn’t be happier with the care he is given. It’s clear the children are stimulated and have loads of fun. I highly recommend them!
Charlotte Smith27/01/2022We've been so happy with Goslings Nursery. The staff are caring and warm. The activities the children do day to day are varied and developmental.
Juliette ESPAGNO27/01/2022I'm Milo's grand-mother, living in France, and I'm very happy to see photos and videos of my Milo during his plentiful and diverse activities! Thanks for that!
K Fish27/01/2022Everyone who works here is so lovely and dedicated. They mix up activities on a daily basis and give lots of updates so you always feel connected to your child’s life at daycare. Our daughter loves it and we are really grateful to be party of the Goslings community.
