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Childcare+

The University of Reading childcare voucher scheme 

 

Latest news

The Government has confirmed that childcare voucher schemes will close to new applicants with effect from 5th October 2018.

If you're a parent and haven't already joined the University's Childcare Voucher scheme, you must have registered and received a childcare voucher before the closing date. This means that you will have to register by 1st September 2018 in order to receive your first voucher with your September pay.

How to apply

If you have children under 15 years of age and would like to take advantage of the University's childcare voucher scheme, you will need to register on line at :www.computersharevoucherservices.com, or you can call the Customer Service team on 0345 002 1111 

You will find a parents' guide, frequently asked questions, a savings calculator and details on how to register for the scheme. You will need to have the University's Scheme ID number (below), your employee number and National Insurance number to hand.

Scheme ID - 0019233939

 

How much can I save?

The government has set a limit on the amount of salary that can be exchanged for childcare vouchers. The amount of salary that you can exchange depends on the level of tax that you pay. Because the value of the vouchers are taken directly from your gross salary, you won't pay tax or National Insurance (NI) contributions on the vouchers, so it will cost you less to pay for your childcare arrangements.

 Childcare voucher annual salary

 

 

 

 

 

 

 

 

If you were already in the scheme before 6th April 2011, and have stayed in the scheme continuously, you will be able to exchange £243 per month for childcare vouchers, irrespective of the level of tax you pay.

By participating in Childcare+ you are agreeing to a change in your terms and conditions of employment. In exchange for a reduction in your gross contractual salary, you will be entitled to the benefit of participation in the University’s childcare voucher scheme.

 

Where can I use childcare vouchers?

Childcare vouchers can be used for all types of registered childcare, such as:

 When your child is under 5 years  When your child is 5 and over
 Nursery  After school & breakfast clubs
 Playgroup  Holiday clubs
 Childminders  Childminders
 Crèche, Nanny & Au Pair services  Residential activity holidays and day camps
 

Child tax credit

Each working family situation is unique, therefore you should always take advice regarding Child Tax Credits and childcare vouchers. Tax credit information is available from HMRC https://www.gov.uk/child-tax-credit.

 

Tax-Free Childcare (TFC)

The Government has introduced a new Tax-Free Childcare (TFC) scheme. This provides parents with children under the age of 12 and up to £2,000 a year per child to help cover childcare costs. For every £8 a parent pays in, the Government will pay in an extra £2.

Parents can open an online account through the government website GOV.UK, which you can use to pay for childcare from a registered provider. To qualify, parents will have to be in work, and each expecting to earn at least £120 a week and not more than £100,000 per annum.  

From October 2018, the TFC will be the only scheme open to new joiners. So, if you're a parent, it's important to find out which scheme works best for you. For more information take a look at www.giveyourselfachoice.com and the Government's  childcare information page. You can use the Childcare Calculator to work out which type of support is best for you. .

Parents can switch to TFC at any time, but please note that you cannot be in both TFC and the University's childcare voucher scheme at the same time. Once you have joined TFC, you cannot switch back to the childcare voucher scheme. If you successfully register for TFC you must inform Human Resources within 90 days and then your childcare vouchers will stop. .

 

 

 

Things to do now

Please view the following  for more information about Childcare vouchers

Contact us

Computershare Customer Services

  • Email: parent@computershare.co.uk
  • Telephone:
    0845 002 1111
  • Address:
    Computershare Voucher Services Ltd
    The Pavilions
    Bridgewater Road
    Bristol
    BS18 8AE

 

Human Resources

 

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