Childcare Vouchers or Tax Free Childcare – which one is right for you?

With the recent introduction fo Tax Free Childcare, parents are asking whether this is more beneficial than the Childcare Voucher scheme already in place.  The answer, in short, is that it really depends on your family circumstances.  There is an online calculator you can use to help you decide, which you can find at

https://www.gov.uk/childcare-vouchers-better-off-calculator.

It might be helpful also to look at some of the examples produced by one of the Childcare Voucher Providers which you can find by following this link

Tax-Free Childcare v Childcare Vouchers

Please remember too that Childcare Vouchers are due to close to new entrants from April next year so if this option suits your circumstances better then be sure to register for them (through your employer) before the deadline.