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Ask Abeceder a question. 
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AbstractAbeceder managing director Michael Millward explains how providing childcare vouchers as a salary sacrifice benefit works and how both employer and employees benefit.ArticleChildcare is expensive, but essential if you are going to raise a family whilst holding down a job whether it is full or part time.When a parent leaves the workforce to raise a family the employer looses a valuable resource. The parent who gives up work to raise a family not only loses an income they also often lose their place on the career ladder and with increasingly rapid changes in technology and organisational change they can find it very difficult to re-enter the workforce at the same or similar level. Childcare vouchers as a salary sacrifice employee benefit were introduced to assist parents to meet the high cost of quality childcare so that they could remain in employment whilst raising a family. The Key Benefits of Providing Childcare Vouchers as a Salary Sacrifice Benefit
Abeceder provides
Abeceder uses childcare voucher providers that are trusted by thousands of employers of all sizes Your programme will be supported by a team of specialists who will ensure that your childcare voucher programme meets the needs of your employees and your business The process could not be simpler
Childcare Vouchers when provided as a Salary Sacrifice Benefit are Non-Taxable and exempt from National Insurance Contributions Summary of Conditions for Non-Taxable and exempt from National Insurance Contributions Childcare Vouchers
Please use the Abeceder web link for details of legislative requirments Other sources of information concerning Childcare Vouchers are:-
Abeceder offers two Voucher Schemes designed for a range of businesses and organisations from SME’s to the UK’s largest employers. Standard Administration
Full Administration
Both Schemes are simple to administer and offer the full benefits of Childcare Vouchers to both the employee and employer. One company provides 150,000 colleagues with the opportunity to save on the cost of their childcare with Childcare Vouchers. The employee benefits package offered by the company is extensive and, with a high proportion of female staff, help towards childcare was always going to be a key element in the mix of benefits provided. "Attracting and retaining high quality colleagues at all levels is important to us and flexible working policies are vital" comments Reward Manager. "When we were looking at different ways we could help with childcare provision, this scheme struck us as ideal. The Vouchers give us an easy and effective way of helping our colleagues." "It is a simple Scheme with minimal administration and the benefits are clear. We're promoting it in all of our business units, and the numbers taking up the opportunity are growing day by day." ”All the marketing materials are provided including leaflets to help us promote the Vouchers throughout the business." Q - How can Childcare Vouchers help to retain staff? A - Offering your employee’s Childcare support can help achieve an effective work/life balance promoting a positive work culture, which in turn can lead to increased productivity and reduced staff turnover. Q - Why should my organisation consider Childcare Vouchers? A - Not only will your employees benefit from non- tax and N.I.C. exempt Childcare Vouchers, but the company will save up to £373 per annum, per employee on the scheme depending on the employees circumstances. Q - How much does the Scheme cost an >employer? A - Costs are deducted from savings made under the Scheme, so there is no net cost to the employer. Q - How do I market the Scheme to my employees? A - Abeceder provide a comprehensive range of marketing materials designed to reach all types of employees; taking into consideration differing environments. Q - What is in it for my organisation? A - Not only will your brand value increase by demonstrating an understanding of your employees work life balance requirements, but you can also make savings against your National Insurance Contributions. Key Benefits for Parents of using Childcare Vouchers If you are a working parent with children under the age of 16, you could be eligible to request non-taxable and exempt from National Insurance Contribution Childcare Vouchers up to the value of £55 per week (£243 per month). Childcare Vouchers are the recognised payment method for childcare and are accepted by most registered childcare providers across the UK. You will benefit from…
Childcare Vouchers can be used to pay for the following forms of registered childcare; day nurseries, childminders, before & after school clubs, au pairs and even holiday clubs for school age children
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