Childcare vouchers: fees and reviews of providers

in MoneySaving mums
3 replies 1.2K views
StinkyMonkeyStinkyMonkey Forumite
150 Posts
Part of the Furniture Combo Breaker
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It proves very difficult to find online any information on the fees charged by the childcare vouher scheme operators. Anyone who uses them, can you indicate what % is charged b your voucher company? I suspect it varies withthe size of the employer etc. but a ball-park figure would be a good start.

Also, if anyone has ha bad or good experience with any of the voucher companies (Kiddicare, Computershare, etc.), please let me know. The company I work for will be looking for a provider soon.

If these issuses have been dsicussed in past threads, please advise.

Replies

  • lazywifelazywife Forumite
    593 Posts
    I've been Money Tipped!
    No experience of being a company looking for a provider, but my vouchers are issued through Computershare and seem to work well.
  • WestonDaveWestonDave Forumite
    5.2K Posts
    Rampant Recycler
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    Possibly worth pointing out that the current system has very little life left in it - by Autumn this year the current employer voucher schemes will not be taking new entrants as the new tax free childcare scheme. I'm not sure what the arrangements are (if they've been finalised yet) but it seems that it may be via providers claiming the tax element from the Government rather than having voucher companies like Computershare.

    We use Computershare at work and they are a pain to deal with - they took over from the original Kiddicare company and ruined a perfectly good scheme which is probably why a new Kiddicare has relaunched.
    Adventure before Dementia!
  • StinkyMonkeyStinkyMonkey Forumite
    150 Posts
    Part of the Furniture Combo Breaker
    Forumite
    WestonDave wrote: »
    Possibly worth pointing out that the current system has very little life left in it - by Autumn this year the current employer voucher schemes will not be taking new entrants as the new tax free childcare scheme. I'm not sure what the arrangements are (if they've been finalised yet) but it seems that it may be via providers claiming the tax element from the Government rather than having voucher companies like Computershare.

    We use Computershare at work and they are a pain to deal with - they took over from the original Kiddicare company and ruined a perfectly good scheme which is probably why a new Kiddicare has relaunched.

    Well, the new tax-free childcare is now postponed until 2017, so joining a voucher scheme will help us save a few pounds until 2017.

    Thanks for the comment on Computershare
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