Childcare Vouchers
What are Childcare Vouchers?
Most parents employed by the University of Essex can opt to take part of their salary in the form of childcare vouchers. You can choose to take up to 243 per month as childcare vouchers, and this will save you money because you will not have to pay tax or National Insurance contributions on this amount. You can then use your childcare vouchers to pay for any childcare, as long as the carers have approved or registered status (registered childminders, nurseries or play schemes should qualify). Please note that childcare vouchers are an alternative to the flexible benefits scheme.
How much money will I save?
You could save money because you will not have to pay tax or National Insurance contributions on the money you receive in the form of childcare vouchers. The exact amount you will save depends on your wage and how much you spend on childcare. For an indication of how much you could save, click on this link:
Learn more about saving money with childcare vouchers.
Want to know more?
You can find out more and sign up for childcare vouchers by visiting Essex Offers and clicking on 'childcare'. You'll also find information about a number of other significant benefits for University of Essex staff.
November 2012

