The Government has set up a scheme known as Tax Free Childcare (TFC). The changes mean that from Monday 5th April 2018, colleagues will no longer be able to join Employer Supported Childcare (ESC) known commonly as the Childcare Voucher Scheme*.
The Workforce Benefits Service is promoting the deadline to ensure as many colleagues as possible can join the current scheme before April. This may seem a long way off, but as it is tied into payroll colleagues will need to join the current scheme by Tuesday 27 February so that a deduction can be made from their March salary.
If you are interested, please use the link below to subscribe. You’ll be asked to enter our Trust scheme code, which is NHS1768.
Conditions of joining ESC include that you must already have a child and have some registered childcare in place, even if you are not already using this.
If anyone wishes to talk through their individual situation, or would like more information on the Childcare Voucher Scheme or the new Tax Free Childcare (TFC) scheme, please contact our Workforce Benefits Service on 01484 355042 or workforcebenefitsservice@cht.nhs.uk
Click here to subscribe: https://www.fideliti.co.uk/OnlineRegistration/Step1.aspx
*Childcare Voucher Schemes allow employees to pay for registered childcare through their wage by the means of salary sacrifice thus saving on tax and national insurance contributions.