Companeo helps you find the right suppliers in Employee benefit schemes free of charge:
Childcare Voucher schemes
Save around £370 for each employee choosing Childcare Vouchers via a salary sacrifice scheme
The Supplier
Key figures Creation year : 1989 Companeo Agreed Supplier since : November 2006
Geographical coverage
UK national coverage.
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Main benefits:
Childcare Vouchers are tax and National Insurance exempt for up to £55 per week, offering employees savings of between £916 and £1,195 per year. Save around £370 per year per employee with Childcare Vouchers.
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Since Accor Services launched Childcare Vouchers in 1989, they have become the most popular form of childcare assistance that a UK employer can provide. With well over one-third of Britain's workforce now comprising of parents with dependent children, childcare provision has become a significant issue in terms of recruiting and retaining key employees with children. As a result the government has introduced one of Europe's most favourable tax and National Insurance exemptions for childcare vouchers.
What are Childcare Vouchers?
Childcare vouchers are available in paper or electronic format and can be used for any registered or approved childcare including Day Nursery, Nursery School, Childminder, Crèche, Pre-School, Nanny, Au Pair, Out of School Club, Holiday Play Scheme.
They can be used to pay for the care of children up to the age of 15, or the age of 16 if they are disabled.
How does it work?
A childcare voucher scheme can be easily implemented by a company of any size and for as little as 5 members of staff.
The most popular way of introducing them is via salary sacrifice whereby an employee agrees to exchange a proportion of their salary for vouchers which enables them to take advantage of important tax and NI savings. Families can also double their savings if both parents choose Childcare Vouchers. Setting up a scheme couldn't be easier with Accor Services :
Simple ordering process - no set up fee.
Free communication tools to inform your employees.
Minimal administration and time involvement.
Employees can also enjoy the following benefits:
24/7 access to account and payment information, just like internet banking.
Automated telephone service for those without internet access.
Access to a family issues helpline, providing information on parenting and family matters including emergency childcare .
On-line childcare provider locator.
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The No.1 way for you to support your employees' childcare needs
How often does the HM Revenue & Customs allow you to make tax and NI savings? You 'win' because you do not pay NI on the value of the childcare vouchers chosen by your staff. This means an annual saving of around £370 for each employee choosing to take the maximum exemption limit of £55 per week - a clear bottom line saving.
Improve your image as an employer
Childcare vouchers say a lot about your organisation's
 commitment to work and family life. They demonstrate that you are a caring employer and one that is sensitive to the issues parents face in balancing their working lives and their children's welfare. Accor Services recognises that the success of a childcare voucher scheme is greatly influenced by the way it is communicated internally and subsequently managed. That's why Accor Services has developed a comprehensive support programme, including tools which help your employees assess the value and benefits to them.
Business benefits
Comprehensive mix of on-line and off-line communication tools to help you inform and engage your employees and ensure a successful scheme.
Unique on-line tax credit Estimator - saving you time by reducing the need for complicated calculations.
Fully managed enrolment options.
Dedicated account management and helpdesk team providing on-going support.
Clear and concise management reporting.
High level account management with expert implementation
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Accor Services
Accor Services pioneered the Childcare voucher concept in 1989. They also offer other employee benefit schemes such as Eyecare vouchers.
Activity Accor Services offers a user-friendly service for employers, employees and childcare providers that suits organisations of all sizes across a range of sectors.
Main clients HM Revenue & Customs, Shell, Royal Mail, NHS Trusts, Royal Bank of Scotland.
ALL OFFERS FROM Accor Services
- Employee benefit schemes
Childcare Voucher schemes from supplier Accor Services - Companeo advises you:
Save around £370 for each employee choosing Childcare Vouchers via a salary sacrifice scheme
» Childcare Vouchers are tax and National Insurance exempt for up to £55 per week, offering employees savings of between £916 and £1,195 per year. Save around £370 per year per employee with Childcare Vouchers.
This offer is part of: Employee benefit schemes.
» Save around £370 for each employee choosing Childcare Vouchers via a salary sacrifice scheme
Ask for a quote in Employee benefit schemes
