Childcare vouchers - as an employer

[Katymac]

OK I have 1 employee who would benefit from these vouchers

I know they are running out but if she could benefit for even a short period of time it would be worth it

She claims Tax credits for childcare so would it worth setting up the scheme for her?

Some employees who claim tax credits can be worse off with childcare vouchers due to the salary sacrifice - they need to check it out with their tax office.

Apart from that, definitely worth setting up the scheme - voucher companies usually take care of all the paperwork so easy to administer. The employer gets a saving on the employers NI as well.

You don't have to use vouchers and a voucher company to run the scheme. You can just deduct from salary and pay directly to their childcare provider.

Would it be more complicated as I am the childcare provider?

Hmm, I don't know, sorry KatyMac.

Hmm we have messed around with it & we think she is better off with Tax credits - I wish there were a way to make sure