Outlined briefly below are details of the assistance which may be available to you, the nursery management will be happy to discuss these in more detail.
Toybox accepts Corporate Childcare Vouchers as payment of Nursery Fees. These are schemes which some employers offer to help working parents save on registered childcare costs.
Childcare vouchers are not means tested and are available to all working parents whose employers operate Childcare Voucher Schemes. These schemes save you National Insurance and Income Tax as a set weekly amount can be deducted from your salary prior to taxation. This money is then converted into childcare vouchers for the same amount.
Tax Credits (child benefit)
Nine out of 10 families are eligible for some financial assistance through the Child Tax Credit and Working Tax Credit. The amount you receive will depend on your circumstances. Working Tax Credit includes a childcare element to help families who are working and spending money on childcare.
Nursery Education Grant (Childcare Funding)
The Government introduced the Nursery Education Grant to provide a free early education place for 3 year olds and all 4 year olds, as well as eligible 2 year olds. Toybox receives annual Education Grant which is allocated to your child once they are eligible. The amount available per child changes from year to year depending on government funding, We will be able to confirm the current amount to you and to explain how the system works when your child qualifies.