How do you pay for a child's nursery fees tax free?

textbook

I was told Nationwide offer a service where you pay into them for your child's nursery fees then you don't pay tax on it. How do I set this up. I should have done this a long time ago instead of paying girlfriend maintenance directly and her dealing with nursery stuff.

gettingtheresometime

Is it the nursery voucher thing that some employers offer?

If it is & you’re an employee of nationwide then speak to your hr dept.

But I’d also speak to the (ex?) girlfriend because if you any the nursery fees in this way won’t she be able to claim the minimum amount of maintenance off you anyway? Also what happens when the child leaves nursery?

seashore22

Told by who?

chesky

Have you spoken to Nationwide?

seashore22

I'm wondering if this someone has got their wires crossed.

Actually looking at op's previous threads I wouldn't bother with this one. Not worth my time Googling.

textbook

gettingtheresometime wrote: »

Is it the nursery voucher thing that some employers offer?

If it is & you’re an employee of nationwide then speak to your hr dept.

But I’d also speak to the (ex?) girlfriend because if you any the nursery fees in this way won’t she be able to claim the minimum amount of maintenance off you anyway? Also what happens when the child leaves nursery?

It's a way of reducing your income tax and also a trail to prove you've paid your nursery fees for child. A friend said Nationwide offered it, but may have got that wrong.


Could be vouchers, my friend is employed. I am self-employed.

chesky

textbook wrote: »

A friend said Nationwide offered it, but may have got that wrong.

Why don't you ask Nationwide about it first? Or your friend.

sheramber

Is your friend employed by Nationwide? Employers can offer child care vouchers to their employees.

bazzyb

Tax-free childcare is being rolled out in stages so it depends how old your children are as to whether you can set it up yet. In time it will fully replace the childcare vouchers scheme which are offered through employers.

The accounts aren't set up with high street banks (like Nationwide), you need to apply directly via the Government website: https://childcare-support.tax.service.gov.uk/

sheramber

bazzyb wrote: »

Tax-free childcare is being rolled out in stages so it depends how old your children are as to whether you can set it up yet. In time it will fully replace the childcare vouchers scheme which are offered through employers.

The accounts aren't set up with high street banks (like Nationwide), you need to apply directly via the Government website: https://childcare-support.tax.service.gov.uk/[/QUOTE

The tax free child care does not reduce tax liability. Payments are made after tax is dedcucted and the government top up the payments in the account.

chesky

I think the OP has either been given dodgy info or has misunderstood what he's been told. He doesn't seem to have gone back to the friend for clarification or contacted nationwide to find out directly from them.

Hasn't been back here either.