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Electronic Childcare Vouchers are an alternative to traditional paper vouchers when providing essential and invaluable childcare benefits for working parents. Electronic Childcare Vouchers are an e-voucher scheme. Childcare benefits are provided via a Direct Stored Value® System that has been exclusively developed and patented by Accor Services. This system is accessible via telephone or internet – 24 hours a day, 7 days a week.
Big savings for business and staff - Childcare Vouchers are Tax and National Insurance exempt for £55 per week. You could save around £370 per year for each employee choosing Childcare Vouchers whilst employees could save between £962 and £1,195 per year.
Please view our latest Childcare Voucher brochure or see our comprehensive Childcare Voucher Guide.
lmportant information: Budget Update 2008
Following the Chancellor's 2008 budget statement, the weekly tax and NI exempt amount for Childcare Vouchers will remain at £55 per week (£243 per month).
However, there have been some other changes that may have an effect on the potential savings for individual parents. If you are an Accor Services client, from April your employees will be able to calculate how much they will now save by visiting our Tax Credit Estimator.
For the 2008/09 Income Tax allowances, National Insurance Contributions and Child and Working Tax Credit rates view the Budget 2008 update from HRMC.
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Help Accor Services support children around the world with Plan International - Accor Services has teamed up with leading children's charity Plan International to support children around the world. | | 
