Childcare vouchers how much do you save

With immediate effect, we can only accept electronic payments. Email us: Carer computershare. Are you a parent?

Call us: 8am — pm, Mon-Fri Email us: Parent computershare. Should I reduce or cancel my vouchers if my childcare setting is closed? Most childcare providers and nurseries will continue to take payments from parents whether their services are used or not, even when the government has asked them to close. Nurseries will generally give two weeks per year holiday but parents still have to pay for the rest of the year.

You need to check with your provider before making any reduction. This may be covered in any contract you have in place with the provider. For example, a contract may state that no refunds will be given should the provider forced to close for reasons beyond its control. Please note that as a Limited Company Director you are both the employee and the Employer. Payments must be made to the childcare provider, from your Business Bank Account. We have all heard of them, you maybe even know what they are.

However, here at QAccounting some of our most frequently asked questions are about self-assessments. So below we have outline some of the most common questions we get asked, and the answers we get so tired of giving… just kidding. If you are looking at going self-employed, then setting up as a Limited Company LTD may be the best option for you. We started operating over a decade ago around the same time DFS started their first sale and have been dedicated to serving self-employed professionals ever since.

One of the perks of choosing and accountant like QAccounting is that we offer all of our accounting services online. Continue or Learn More close. Learn More. Step 3 Tell your Accountant so they can account for this accordingly. Those who joined before October 4th, , can still receive childcare vouchers. Parents who signed up after this date get to apply for tax-free childcare. The savings can add up, mainly because all of your children can take advantage of it.

The new scheme is open to parents with employers that run a childcare voucher scheme. However, they do need to meet certain criteria to qualify for this program. The government may have changed the scheme, but the new one is beneficial for parents with more than one child. With the old scheme, parents can only save a certain amount of money. Several childcare services are available in the UK, and how much they cost also depends on your location. Do you have questions?

Feel free to contact us anytime! Our professional staff is more than happy to assist.