28/09/2007

Parents can save £1,195.56 each on childcare

Leading childcare allowance organisation Early Year Vouchers announced it now has over 2,000 registered carers using its voucher scheme and took the opportunity to remind parents and employers of big childcare savings they could be missing out on. Says Amanda Ward, Director of Early Years Vouchers Ltd, "It is surprising just how many employers and parents don't realise that both mums and dads can claim Income Tax and National Insurance savings on the first £55 per week of their childcare costs. The savings to each parent can be as much as £1195.56 per annum which can provide significant financial childcare support."

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