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August 19, 2008 36 Comments, childcare voucher schemes - the government's scheme where you sacrifice some of bigg boss contestants salary your salary in exchange for an equal amount of childcare vouchers - make sense for employers and employees.
While some parents will be better off with TFC, we believe that most will save more money with childcare vouchers.
A basic rate taxpayer single parent would have to spend over 4,665 on childcare to be better off with TFC than with childcare vouchers.So savings all round.AustraliaCanadaChannel IslandsChina Hong ZealandSouth AfricaSchweizSverigeUnited KingdomUnited StatesCorporate.It is also sometimes claimed that TFC is fairer to single parents, but single parent households could still be worse off with TFC.This is capped at 2,000 a year.Kiddivouchers -.5, voucher solutions - 4, early years vouchers -From.Childcare voucher schemes, like the one we offer, will only stay open to new entrants until April 2018.You might also like, replace suspension cost: more rubbish UK search results.With childcare vouchers, the family would still receive support where they wouldnt with TFC via the other working parent.If the childcare vouchers scheme closes to new entrants as planned, then even existing users would lose access if they ever changed employer.After that time, TFC will be the only option.Even with the threat of closure over 1,000 new small and medium pepboy rebates status sized businesses sign up to join the childcare voucher scheme every month.This family would only receive up to 655 of support under TFC but could receive up to 1,866 with childcare vouchers.This includes everyone who works for any public sector body and any large employer.And this number is growing by the day.
People sometimes think childcare vouchers has restricted access, but the fact that you are receiving this email means that you are probably one of the well over 20 million employees of the 31 million in this country that can access vouchers.