Tuesday 13 May 2008

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CPM Childcare Vouchers

Helping with the cost of childcareCPM understands how difficult it can be to balance your working life with family life, that's why we've decided to introduce the Childcare Vouchers scheme.

This family-friendly initiative will save you money on childcare costs, and help to give you the peace of mind that comes from knowing that you can provide first class care for your child.

Childcare vouchers can be used just like cash to pay for registered or approved childcare for children up to the age of 15 (or 16 if they are disabled).

From the 6th April Childcare Vouchers became Tax and National Insurance exempt up to the value of £55 per week. This provides huge savings for the working parent. So if you take them as part of your salary instead of cash, look how much you could save:

Potential annual savings per household

Individual Parent £859* (basic rate Taxpayer)  

Two Parents £1,178* (both basic rate Taxpayer)  
Individual Parent £1,067* (higher rate Taxpayer)  
Two Parents £2,135* (both higher basic rate Taxpayer)  
*The exact amount you can save depends on individual circumstances in terms of how much tax you currently pay and how much you spend on childcare.

 

To work out your personal savings please use the savings calculator provided by Accor Services.

For more information on CPM Childcare Vouchers please fill out our enquiry form and one of our representatives will be in contact as soon as possible or you can visit the Accor Services website.

CPM Childcare Vouchers

You can contact us on 0870 991 9000 to find out more.