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Childcare Services - Saving you Money

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Salary Exchange
You can pay for your care direct from your RD&E salary, tax and national insurance free – this saves you money on a monthly basis.

 

What is salary exchange?
A Salary Exchange happens when you give permission for a deduction to be made from your salary to pay for your childcare costs. You do not pay tax, national insurance or NHS pension contributions on the amount you agree to have deducted. Our salary sacrifice payment scheme available for all RD&E staff using our on-site nursery is saving parents between 30% and 55% of their total childcare costs. Whilst the childcare voucher scheme, available to staff using any registered child carer, enables the equivalent savings on a maximum of £243 per month. 

 

Updated: 15 December 2017

 

 

 

 

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