Since this article was published, the government have announced Tax-Free Childcare will be launched in early 2017.
As we wait for further announcements on Tax-Free Childcare, we just wanted to remind you of the key action points so far:
- Promote your KiddiVouchers scheme to make the most of your NI savings.
- Look at alternative salary sacrifice schemes to protect and build your NI savings.
- Use our Tax-Free childcare savings calculator to find out which scheme is most suitable for you.
- Be in a position of choice in autumn 2015 by signing up to KiddiVouchers now!
60% of KiddiVouchers members will be better off remaining in the existing childcare voucher scheme. On average, parents would save £400pa more under the existing childcare voucher scheme than with Tax-Free Childcare.