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How can I work out how much childcare vouchers will save me??

5 replies

LaDiDaDi · 19/02/2008 11:35

Payroll have just told me, sorry we can't work it out for you, it's too complicated for us !

I know that the costs of childcare are deducted pre tax and NI. Childcare costs would be £195/month. How can I work out what difference this will make to my net salary? Is there an online calculator anywhere that will let me work it out?

OP posts:
LaDiDaDi · 19/02/2008 13:00

Bumpity bump.

OP posts:
evenhope · 19/02/2008 13:51

There's one here

Natasha1 · 19/02/2008 13:53

We have childcare vouchers with "Busy Bees", I think their website has a online calculator, in fact I'm sure it does.

We get £243.00 in childcare vouchers each month which we give to our nursery net cost in my husbands wages is around £170.00

LaDiDaDi · 19/02/2008 18:04

Thanks! Worked it out now .

OP posts:
StripeyKnickersSpottySocks · 19/02/2008 20:07

I was once told by a Unison rep to be careful of these schemes if you're in a company pension as it affects your final pension.

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