How do vouchers save employees money?
By taking childcare vouchers, employees save the tax and NI Contributions on the amount of vouchers they take. The amount an employee saves depends on the r...
Sat, 23 Jan, 2021 at 8:21 PM
How much money could my business save?
By offering childcare vouchers through a salary sacrifice scheme, you save on Employer NI which has historically been 13.8% for some years. For 2022/23 tax ...
Fri, 1 Apr, 2022 at 12:41 PM
Is there a minimum number of employees required?
There is no minimum number of employees required to set up a childcare voucher scheme. Even having one employee on the scheme will create savings.
Sat, 23 Jan, 2021 at 8:22 PM
Is there any effect on overtime payments?
Most work benefits are calculated on gross salary, so overtime or other benefits should not be affected.
Sat, 23 Jan, 2021 at 8:22 PM
Is there any effect on Statutory Maternity or Paternity pay?
If an employee takes childcare vouchers when her Statutory Maternity Pay (SMP) or Statutory Adoption Pay (SAP) is being calculated (approx. weeks 17-24 of p...
Sat, 23 Jan, 2021 at 8:23 PM
Is there any effect on Working Tax Credit or Child Tax Credit?
There may be an effect on Tax Credits. Sodexo cannot comment on individual circumstances and it is the individual's decision as to whether they wish to...
Sat, 23 Jan, 2021 at 8:24 PM
What are childcare vouchers?
Childcare vouchers are a Government initiative to help working parents. The most common method of offering childcare vouchers is through your salary; parent...
Sat, 23 Jan, 2021 at 8:42 PM
What are the new rules about employees no longer being able to join the childcare voucher scheme from 5th October 2018?
From 5th October 2018, the childcare voucher scheme is closed to new joiners. The only childcare support available to parents is Tax Free Childcare (TFC),...
Sat, 23 Jan, 2021 at 8:41 PM
What do I do if I have a complaint?
In the first instance, please contact our Customer Care team to assist. Their contact details are here.   Our frontline teams are empowered to support o...
Sat, 23 Jan, 2021 at 8:40 PM
What do I need to demonstrate to HM Revenue & Customs when running a childcare voucher scheme?
HM Revenue & Customs need to be satisfied that the scheme you are running complies with the rules of salary sacrifice. You must keep records to demonstr...
Sat, 23 Jan, 2021 at 8:33 PM