Childcare vouchers

[al_cam]

Hi,

This hasn't been asked on the forum for a while so I wonder if things have changed.

I'm ditching my current umbrella company as they have increased their monthly charge by 20% without even so much as an email telling me. Does anyone know of any umbrella companies that offer childcare vouchers?.
I've googled it but only found one company charging 2.9%, prosperity4 - I don't think so! and go umbrella who are something of an unknown.

I've thought about going Ltd just for this, but as I don't see me getting any IR35 friendly contracts in the near future, umbrella will probably be cheaper and easier for me just now but if I can't find one, Ltd it is.

Cheers,

Alan.

[harrinp1]

Hi,

This hasn't been asked on the forum for a while so I wonder if things have changed.

I'm ditching my current umbrella company as they have increased their monthly charge by 20% without even so much as an email telling me. Does anyone know of any umbrella companies that offer childcare vouchers?.
I've googled it but only found one company charging 2.9%, prosperity4 - I don't think so! and go umbrella who are something of an unknown.

I've thought about going Ltd just for this, but as I don't see me getting any IR35 friendly contracts in the near future, umbrella will probably be cheaper and easier for me just now but if I can't find one, Ltd it is.

Cheers,

Alan.

Just started looking at this myself and found this one at 2.5%:-

http://www.kiddivouchers.com/index.php?cf=1

[al_cam]

Thanks, but this company simply provides a voucher scheme to employers, it isn't an umbrella company.

Why don't umbrellas provide this?
It would allow their employees to claim £238 tax and NI free every month.
I would happily pay the 2.5% (£6) voucher admin fee to my umbrella for this. I would even pay them more to cover my umbrella's extra administration charges.

I'm sure it will come in time...

[PayMatters]

At PayMatters LLP we offer BusyBee childcare vouchers which help cover the cost of pre-school childcare and after school/school holiday clubs. The way they work is that you receive the vouchers tax free |(i.e. they are deducted from your gross pay before your tax and national insurance is calculated) and they can therefore save each parent up to £1,200 in tax each year.