WHAT ARE CHILDCARE VOUCHERS?
Childcare Vouchers allow employers the opportunity to provide employees with vouchers that cover their childcare.
WHY SHOULD I PROVIDE CHILDCARE VOUCHERS TO MY EMPLOYEES?
Saving employees money on childcare is a fantastic way of improving employee engagement and reduce time spent off work, as it will give your employees peace of mind that their childcare costs are covered.
Unfortunately, the scheme is now closed for new applicants, but you’re still able to switch your Childcare Voucher scheme to enable you to maximise the savings for both you and your employees.
Your employees can continue to get Childcare Vouchers if they joined a scheme and their wages were adjusted before the scheme closed in October 2018, as long as:
• They stay with the same employer and that employer continues to run the scheme.
• The employee does not take an unpaid career break of longer than a year.
The scheme is free to set up and you simply pay a small service charge. However, the savings you make will always outweigh the cost.
Switch to Bravo Benefits and we guarantee to match or beat any service charge quoted by other employee benefits providers.
HOW DO CHILDCARE VOUCHERS WORK?
Childcare Vouchers can be used for children up to the age of 16 to pay for registered childcare at nurseries, childminders, play schools, pre-schools, nannies and au pairs, crèches, play schemes, before and after school clubs, holiday camps, independent schools and more.
At Bravo Benefits, we are committed to providing our clients with the right benefit schemes for their business.