Childcare Savings

Save money on childcare fees by using vouchers. At Bright Futures we accept all forms of childcare vouchers and allowances from employers, colleges and job centres.

 

Childcare Vouchers

Childcare vouchers are a great way for employers to give working parents help with dependent children. They can help you find quality childcare to suit the needs of your family – and, because you don’t pay tax or National Insurance on childcare vouchers, you can save up to £1,195 per year*. Not to mention the big savings on different lifestyle products and services we make available to our Childcare Voucher users.

Sodexho Pass: www.childcarepass.co.uk
Edenred: www.childcarevouchers.co.uk

 

* Savings depend on individual circumstances

 

Help from employers

Employers may offer to help with childcare by using childcare vouchers, we work alongside various childcare voucher schemes to help you save on your Tax and National Insurance contributions. Talk to your employer about the support that is available.
You can find further information on www.childcarevouchersdirect.co.uk

 

Child Tax Credit

The Child Tax Credit is available to families who have an income of up to £58,000 per year. 9 out of 10 families are eligible for this tax credit and it is paid in addition to Child Benefit. There if also a higher payment available for families with at least one child under one year old (the baby element) and for families with children that have a disability.

 

Working Tax Credit

The Working Tax Credit provides extra help to those parents in lower paid work with dependant children is they work at least 16 hours a week. You can find out further information on the tax credit help line on 0845 300 3900.
Our EY Number is EY265349.

 

Useful Links

Employer Links: www.employer-links.org.uk
A national scheme for employers, who are committed to the development of work life balance policies for all.

 

Child Tax Credit and Working Tax Credit:

The link below takes to the Inland Revenue’s website which explains Tax Credits and has a calculator which will help you work out how much you could be entitled to. This allows you to apply online.

www.taxcredits.indlandrevenue.org.uk