Help with Childcare Fees & Funding Options

Childcare Vouchers

The vouchers are taken from your salary before your usual Tax and NI contributions are deducted so the vouchers could save you up to £933 on childcare costs each year – or £1,866 if your partner also signs up to the scheme.

Daisy Chain Childcare accepts most vouchers. Please contact your employer to see if they have a childcare voucher scheme in place.

In early 2017 the government will close voucher schemes for new entrants. It will replace it with their new scheme.

Government Tax-Free Childcare

Under the Government’s new Tax-Free Childcare scheme, which will now launch in “early 2017” – no specific date has been given by the Government – eligible families will get 20% of their annual childcare costs paid for by the Government.

The way it works is that for every 80p you pay into a newly-created Childcare Account, the Government will contribute 20p. This could mean up to £2,000 per child (the scheme assumes a maximum of £10,000 per year childcare costs per child. If you pay more, you won’t get more help).

On order to decide which scheme is best for you the Government please click on the link below:

• https://www.gov.uk/childcare-vouchers-better-off-calculator

Other useful links and website include:

• www.moneysavingexpert.com

Direct Relationship

Daisy Chain Childcare is willing to enter into a direct voucher scheme with small local employers/self-employed customers. This negates to need to enrol in a large corporate scheme. Please contact the Finance Office on 0113 285 7014 for more details.