Childcare vouchers are free from tax and NI contributions for the value of the vouchers you order. The amount you can salary sacrifice depends on your earnings threshold.
Maximum Childcare Voucher Values 2023/2024:
Total Earnings* / Rate | Weekly | Monthly | Annually | Maximum Savings Per Year |
Up to but not exceeding £50,270 (basic) | £55 | £243 | £2,916 | £933 |
Greater than £50,270 but less than £125,140 (higher) | £28 | £124 | £1,488 | £625 |
Over £125,140 (additional) | £25 | £110 | £1,320 | £620 |
*Total earnings include salary, other taxable benefits and allowance.
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