1. Dads can begin claiming as quickly because the child is born
For the primary baby, a mom can not start claiming vouchers till she returns from maternity go away. Nevertheless, fathers can start to assert Childcare Vouchers as quickly because the baby is born. This may be actually helpful, because it means a household can begin saving up vouchers while the mom is on maternity go away, to make use of to pay for childcare when each mother and father are working.
2. They can be utilized for kids as much as age 15
Many individuals are beneath the impression that the vouchers are for childcare for infants or toddlers solely, however this isn’t the case. You need to use Childcare Vouchers to pay for childcare for kids as much as age 15, or 16 if registered disabled. So you could possibly be saving cash on the prices of childminders, breakfast and afterschool golf equipment for older youngsters.
three. You do not have to be at present paying for childcare to assert the vouchers
So long as you will have a baby/youngsters beneath 15, have parental accountability for that baby/youngsters, and so long as your employer provides the scheme, you can begin saving your Childcare Vouchers. You may select to save lots of them in your account to make use of to pay for childcare at a later date if you want choosing childcare?.
four. The Childcare Voucher scheme saves the employer cash too
Though there’s usually a small administration cost to function the scheme, this payment is all the time lower than the saving that the employer makes on their employers Nationwide Insurance coverage Contributions when their staff sacrifice their wage for Childcare Vouchers. Due to this fact the employer saves cash too!
5. The Vouchers wouldn’t have an expiry date
Unused vouchers will be ‘banked’ in your account to make use of sooner or later.
6. Childcare Vouchers should be used for registered childcare
They will solely be used to pay for childcare which is registered although the related native authority i.e. Ofsted in England, Care and Social Companies Inspectorate in Wales, Social Care and Social Work Enchancment Scotland (SCSWIS) or a Well being and Social Companies Belief in Northern Eire. Due to this fact they can’t be used to pay for casual childcare e.g. the place a buddy or member of the family is taking care of youngsters.
7. They can be utilized to pay for multiple kind of childcare
You need to use them to make funds to a number of childcare suppliers. This contains any kind of registered childcare, like day nurseries, childminders, breakfast and afterschool golf equipment.