The Workplace Nursery benefit allows your nursery parents’ employers to work in partnership with a chosen nursery like yours. This then enables the parents to save Tax and NI on ALL of their nursery fees from birth up to the age of 5. Enjoy Benefits have been offering the workplace nursery benefit since 2002.
What is a workplace nursery scheme?
A workplace nursery is a nursery provided by an employer for their employees to use. Under the ‘workplace nurseries exemption’, the cost of a place in a workplace nursery is completely exempt from Tax and National Insurance Contributions. This is often referred to as a workplace nursery partnership.
Can a company pay for childcare?
There are two ways you can pay for childcare costs via your limited company: through a direct agreement with a childcare scheme provider or through a voucher scheme. Both arrangements can be offset as a business expense and will be exempt from tax and national insurance up to a certain amount.
Do employers have to take childcare into consideration?
Your employer must properly consider your request. All employers have a duty to consider requests in a reasonable manner (see ‘How to ask for child-friendly working hours’ below). Your employer can only refuse your request for one of the following business reasons: the burden of additional costs.
What is a nanny home carer?
A nanny is a professional childcarer who works in your home, caring for your child or children. your child or children can form a close, one-to-one relationship with their carer in your own home and has their own toys, books, food and so on, close at hand.
What is a directly contracted childcare scheme?
Directly-contracted childcare: This is where your employer arranges with a commercial childcare provider to provide childcare for you (again, a tax and NIC free benefit, up to certain limits).
On what date did employer supported childcare schemes close?
4 October 2018
The tax and National Insurance relief for childcare vouchers (and directly-contracted childcare) was closed to new joiners from 4 October 2018. Some people who received support before that date, can continue to qualify.
What is a nanny or home child carers?
A nanny is a professional childcarer who works in your home, caring for your child or children. There are many advantages to employing a nanny, including: your child or children can form a close, one-to-one relationship with their carer in your own home and has their own toys, books, food and so on, close at hand.
A workplace nursery is a nursery provided by an employer for their employees to use. Under the ‘workplace nurseries exemption’, the cost of a place in a workplace nursery is completely exempt from Tax and National Insurance Contributions.
How does a workplace nursery work?
What is a workplace nursery scheme? Unlike childcare vouchers where the maximum you can sacrifice is £243 per month, with a Workplace Nursery Scheme you can opt to pay the full nursery costs directly from your gross income (this is your pay before tax and NI) instead of part of your salary.
Do employers have to help with childcare?
Your employer may give you vouchers that you can use to pay for childcare. Your employer may give you these in addition to your salary or you can choose to give up some of your salary to buy childcare vouchers (called salary sacrifice). You save tax and NIC on the value of the vouchers (up to certain limits).
Can you salary sacrifice childcare?
Employers may allow employees to salary sacrifice the cost of child care services. If the employer is liable for all or part of the child’s child care fees, there is no CCS or ACCS payable for the part of the fees for which the employer is liable.
Is childcare a taxable benefit?
Childcare Vouchers are an employee benefit that companies can offer their staff that is tax and National Insurance exempt up to specified limits.
What are childcare vouchers UK?
Childcare Vouchers can save many parents with kids aged up to 15 £100s a year on childcare. Frustratingly, they’re only available via employers, but many large and small companies take part. The key is they allow you to pay for childcare out of your PRE-TAX income – meaning you save on tax AND national insurance.
Can a nursery be provided by an employer?
A workplace nursery is a nursery provided by an employer for their employees to use. Under the ‘workplace nurseries exemption’, the cost of a place in a workplace nursery is completely exempt from Tax and National Insurance Contributions.
Can a workplace nursery scheme save you money?
Better still, it saves your Employer money too. Our Workplace Nursery scheme is administered by our parent company Enjoy Benefits who offer a wide range of employee benefits that can save money for employees and for the employer too. Enjoy Benefits are a premier UK provider of Employee Benefits and you can see the range of benefits available here.
Who is the parent company of workplace nursery?
Our Workplace Nursery scheme is administered by our parent company Enjoy Benefits who offer a wide range of employee benefits that can save money for employees and for the employer too. Enjoy Benefits are a premier UK provider of Employee Benefits and you can see the range of benefits available here.
What are the benefits of working in a nursery?
Employers find it is cost neutral, employees and the nursery gain substantially. If you would like to find out more, please call us on 0800 088 7315 or via our contact page. The key advantage of the workplace nursery scheme is undeniably for parents.
