Is there any effect on pension scheme contributions?   
Is there any effect on Statutory Maternity Pay / Statutory Paternity Pay?    
Is there any effect on Working Tax Credit or Child Tax Credit?   
Is there any effect on overtime payments?   
What should the payslip show?   
What information do you offer to employees?   
What promotional support is provided?   
Will you keep me updated of any changes in childcare voucher legislation? 

Is there any effect on pension scheme contributions?

This depends on your pension scheme. Most pension providers are happy to accept vouchers as notional pay. Sodexho Pass recommends that you check with your pension provider prior to putting a scheme in place.

Back to top

Is there any effect on Statutory Maternity Pay / Statutory Paternity Pay? 

Statutory Maternity Pay (SMP) is calculated on salary on which NI is payable so SMP may be reduced by taking childcare vouchers during the calculation period for SMP. For this reason we advise employees to consider coming off the scheme 23 weeks before their baby is due when SMP is calculated. Statutory Paternity Pay is not affected.

Back to top

Is there any effect on Working Tax Credit or Child Tax Credit? 

There may be an effect on the childcare tax credit element of the Working Tax Credit and/or Child Tax Credit. Sodexho Pass cannot comment on individual circumstances and it is the individual's decision as to whether they wish to take childcare vouchers. It is advisable for employees to contact the Tax Credits helpline on 0845 300 3900 prior to applying for childcare vouchers to establish individual circumstances. Alternatively, there is information on HM Revenue & Customs Website.

Back to top