How much money could my business save?

Modified on Thu, 29 Jun 2023 at 10:57 AM

By offering childcare vouchers through a salary sacrifice scheme, you save on Employers NI of 13.8% on the value of the vouchers ordered. 

The amount you save will depend on your employees’ pension status, but you could save up to £402 per employee per year.

As well as the financial savings, employers should also be aware of the potential savings to be made in terms of staff recruitment and retention.

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