Childcare Savings Calculator
Calculate your childcare savings
The new Tax-Free Childcare scheme has been rolled out throughout the UK. The Childcare Voucher scheme has been granted a six month extension by Government as announced on 13 March 2018.
If you are not currently claiming help with your childcare costs you now have a further six months to decide which scheme is best for your families’ childcare needs.
You can learn more about both schemes through reading our Big Changes, Big Choices guide.
The savings you can make with each scheme will vary according to your family’s circumstances, and while one scheme may work best for one family, it may not be as beneficial for another. This calculator will help you decide whether the existing Childcare Voucher scheme or the new Tax-Free Childcare scheme is more beneficial for your family.
It is important to remember that your circumstances may change and that this calculator provides a general overview only. We recommend that you contact our Family Benefits Advice Team on Freephone 0800 028 3008 for a comprehensive ‘better off’ calculation.