Have you heard of Workplace Nursery Salary Sacrifice?
Workplace Nursery Salary Sacrifice enables working parents to save thousands of pounds while still enjoying outstanding nursery provision.
Typical savings are at least £3,000 a year!
Does your employer offer Salary Sacrifice?
The scheme works by an employer setting up a partnership with a local nursery. Employees who opt in then have guaranteed places and the costs come out in the form of a salary sacrifice, thus saving them thousands of pounds.
How It Works
The workplace nursery salary sacrifice scheme enables you to salary sacrifice the cost of your nursery fees. Enabling you to pay your fees monthly, directly from your salary before tax, via your workplace. Therefore, reducing the tax and national insurance contributions made.
The scheme also benefits the nursery as they get additional funds, these contributed by the employer (but at no cost to them as they are offset). Parents with their children at the nursery then get a say in how these extra funds are spent – it might be on learning resources, revamping outside space or for educational trips out.
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