Childcare Savings Calculator
Calculate your childcare savings
The new Tax-Free Childcare scheme opens in January 2017 and the Childcare Voucher scheme will close to new entrants in April 2018, meaning only parents who are using Childcare Vouchers at this time will be able to continue using the scheme. This means you have until April 2018 to decide which scheme is best for you.
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.