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Childacre vouchers & Opting out of second state pension
Dazza_Jones
Posts: 8 Forumite
Hello everyone, i was hoping to get some advise if possible....
Have just joined computershare childcare voucher scheme as our daughter will be going to nursery in July. One of the questions when regestering for the vouchers was 'are you opted out of the second state pension'...i answered yes, because i am!
Does anyone know if i am likly to get more benefit from the vouchers if i opt back in, or does it work on the fact that (and i think im right in saying this) i pay less NI due to being opted out, and so make no difference.
Im finding all this very confusing and would like some advise if possible, we really need the savings now as its a very big struggle to make ends meet!
Thanks for your time..
DJ
Have just joined computershare childcare voucher scheme as our daughter will be going to nursery in July. One of the questions when regestering for the vouchers was 'are you opted out of the second state pension'...i answered yes, because i am!
Does anyone know if i am likly to get more benefit from the vouchers if i opt back in, or does it work on the fact that (and i think im right in saying this) i pay less NI due to being opted out, and so make no difference.
Im finding all this very confusing and would like some advise if possible, we really need the savings now as its a very big struggle to make ends meet!
Thanks for your time..
DJ
0
Comments
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Anyone know anything at all about this?0
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Well ive found out that i can get a 22% savings on the £243 if im opted out of the second state pension.
Anyone know the percentage rate if im opted IN to the second state pension?0 -
I'd have thought it was 20% not 22 as that's the tax rate
and you'd get 11% for NI !:beer: I've paid the CSA off and stopped them taking payments:beer:
I'm stillowed some arrears by my ex :mad:
I was a NRP, now I'm a PWC, partner of a PWC, and parent of a PWC ( and very confused at times )0 -
Im even more confused now!
Emailed computersave but they cannot read emails properly and keep answering a question i dont even ask! lol0 -
There must be someone whose claiming the full £243 in vouchers whose also opted out of the second state pension on here?
If so can you tell me what savings you make on that £243.
Using the calculator on this site youd save £75 per month being opted in. Id like to compare the two.
Some one pleeeeeaaaasee help.:D:D:D 0
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