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Sign up in seconds.AustraliaCanadaChannel IslandsChina Hong ZealandSouth AfricaSchweizSverigeUnited KingdomUnited StatesCorporate.A salary sacrifice for childcare vouchers can reduce your relevant pay for tax credit purposes as the value of these benefits are not included as income.To check whether you would be better in receipt of childcare vouchers or tax credits you can use the hmrc Childcare Indicator:.Salary bands on UK rates.If you have childcare costs that are eligible for the childcare element of WTC, the costs eligible for the childcare element of the tax credit will be reduced by the amount of those costs met by your employer (e.g.Figures"d are the maximum available savings for a Basic rate taxpayer.Get outstanding deals negotiated exclusively for our members.The childcare element of WTC may therefore be reduced.Sign in, and Youre.UK Edition, get the Mobile App 2017 Travelzoo (Europe) Ltd.Go to Email, only members can access this deal (Not a member? .This connection is secure.Parents who joined their employers childcare voucher scheme before may have.
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Therefore, potentially increasing the amount you receive in WTC.