The University of Huddersfield has entered into an agreement with Apple Childcare Vouchers, the simple, easy and flexible scheme which is designed to save you money on the cost of your childcare. Apple Childcare Vouchers are exempt from tax and National Insurance up to a maximum of £55 per week (£243 per month) for standard rate tax payers, £28 per week (£124 per month) for higher rate and £22 per week (£97 per month) for additional rate tax payers.
Childcare Vouchers are a recognised and accepted method of payment for all childcare providers
Key facts about the Apple Childcare Vouchers Scheme:
· Standard rate tax payers will save up to £933* per annum
· Higher rate tax payers will save up to £623* per annum
· Both parents can claim childcare vouchers; therefore a family could potentially save £1,866 per annum;
· Apple Childcare Vouchers can be used for children up to the age of 16**
· Apple Childcare Vouchers can be used to pay, or part-pay, any registered childcare provider including, day nurseries, childminders, before- & after- school clubs, nannies, au-pairs and holiday play schemes
· To comply with HMRC regulations, employees must enter into a salary sacrifice agreement with their employer which enable employees to have their voucher value reduced from their gross salary before tax and National Insurance deductions
· The employee's salary must not be reduced to below the national minimum wage
Childcare Vouchers can have an impact on other benefits such as SMP and SSP. Please contact the Payroll Department on ext 3899 for further information.
Childcare Vouchers can have an impact on Working Tax Credits. Please contact the HMRC on 0845 300 3900 for further information
For the quickest way to find out more information and to register, visit Apple Childcare Vouchers Website, quoting reference UniHud. Information can also be provided by calling Apple Childcare Vouchers on 0845 602 9459
*Subject to individual circumstances **1st September following the child's 15th birthday or 16th birthday if the child is disabled