Many employers offer help to their employees through childcare vouchers, directly contracted childcare or workplace childcare provision. If your emplyer offers these, you can make savings by a reduction in the amount of tax and National Insurance Contributions (NIC) you pay on your childcare costs. Your employer also saves on NIC. The amount you save will depend on:
1. The amount of support your employer offers.
2. Whether they offer this through salary plus or salary sacrifice.
3. The rate of tax and NIC you pay.