Busy Bees Childcare Vouchers are non-taxable and exempt from National Insurance Contributions (N.I.C.) for employees and offer National Insurance savings for employers.
Childcare Vouchers have become the recognised payment method for Childcare. All eligible working parents, with children aged under 16. Childcare Vouchers benefit both basic and higher rate tax payers.
Busy Bees have been involved within the Childcare sector for over 25 years and currently supply more Childcare Vouchers to UK organisations than any other provider. Busy Bees are now the UK's largest Childcare provider and part of the world's largest Childcare provider, ABC Learning Centres Ltd. We also boast the UK's largest team dedicated to Childcare Vouchers. Sales teams guide you through the launch and implementation of your scheme, while an Account Manager will provide on-going support.
Childcare Vouchers are a government work life balance scheme, supported by HM Revenue & Customs (HMRC).
At Busy Bees we believe Childcare Voucher Schemes are win, win for both employees and employers as they offer significant savings on tax and National Insurance Contributions.
Benefits to employees:
- Save up to £1196* per parent per year towards the cost of your childcare via reduced Tax and National Insurance Contributions
- Both parents can join the scheme, representing a potential saving of up to £2392* per family per year
- Childcare Vouchers are simple to set up and use
- Busy Bees Childcare Vouchers can be used to pay for the following forms of registered childcare; day nurseries, childminders, before & after school clubs, au pairs and even holiday clubs for school age children
- No need to change your existing childcarer
- Discounts are available for Busy Bees Childcare Voucher users in the Busy Bees network of nurseries
- Busy Bees Childcare Vouchers are available for both basic and higher rate tax payers
Benefits to employers:
- N.I.C savings up to £373* per employee per annum
- Assists in the retention and recruitment of staff
- Busy Bees oversee the management and development of the scheme within your organisation
- A flexible scheme, tailored to your organisations requirements
- Government and HMRC supported
- No cost extensive marketing scheme designed to reach all of your workforce whether office, factory, home or field based
*Subject to individual circumstances
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