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Childcare vouchers v Tax-Free childcare
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alexyoung74
Posts: 1 Newbie
I've just moved jobs and lost my eligibility for childcare vouchers. My wife still gets them - £240 a month.
We have three children, one of whom is 11 so not eligible for tax free childcare
Our monthly childcare bill (after free hours have been removed) is £379. Or £313 if you take out the 11 year old.
So my question is would we be better off switching to tax free childcare? Or would I be better paying the balance (£139 per month) directly?
I can't find and online calculator that deals with this type of situation
Advice gratefully received!
We have three children, one of whom is 11 so not eligible for tax free childcare
Our monthly childcare bill (after free hours have been removed) is £379. Or £313 if you take out the 11 year old.
So my question is would we be better off switching to tax free childcare? Or would I be better paying the balance (£139 per month) directly?
I can't find and online calculator that deals with this type of situation
Advice gratefully received!
0
Comments
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check if you will be better off
https://www.gov.uk/childcare-calculator?step-by-step-nav=d78aeaf6-1747-4d72-9619-f16efb4dd89d
0 -
I have a 15 year old and have got 500 left in my vouchers via eden red, I could not use them since march 2020 what do I with them as they are no good to me now, will I lose my money0
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