Child care vouchers

outkastchris

Hello

Not that I've started a family yet.

My understanding of the Child care vouchers is

You go to work and earn,
You get your Child care vouchers £243 max per month per parent,
Your child is being looked after while you're at work,
You pay the Child minders / cares / nursery £243 worth of vouchers,

= the income tax and NI saving £903 for the year.

Alternative thoughts,

You go to work and earn,
You get your Child care vouchers £243 per parent,
You register you other half as a child carer,
Your other half either works full time / part time and the child is looked after on days off and I dare say grandparents may help out,
or Your other half stays at home and looks after the child,
You pay the vouchers to your other half £243 = £2916 per year

so basic payers save on tax and NI £903 + £2916 paying it back into the household depending on the otherhalfs earnings,
or even paying the vouchers to the grandparents keeping it in the family and giving them an addition to their pension dependant on age.


Is this an option or do the vouchers have to go to certain companies?
and
Is getting a partner / grandparent registered costly? and easy?

Hope this may help other people with children

Thank you again.

Tiggergirl

The rules for who can cash in the vouchers is the same as the rules for which childcare counts towards child tax credits.

The childcare provider has to be registered with one of the following:

• Ofsted in England
• The Care and Social Services Inspectorate for Wales
• The Scottish Commission for the Regulation of Care
• A Health and Social Services Board or Trust in Northern Ireland

Childcare provided by family members does not count, even if they are registered unless that care is outside of the child's home. For example if your partner happens to work at a nursery for example.