Update on changes to childcare vouchers

The Government had announced they would be closing the salary sacrifice childcare voucher scheme to new entrants with effect from 6 April 2018.

We have received notification that the Government have decided to extend the closure of this scheme.

This means that the childcare voucher scheme is now accepting new joiners until October 2018.

What does this mean for me?

As the scheme will now remain open until October 2018, you may wish to review your monthly salary sacrifice amount.

Based on the information provided to us about the April scheme closure, we expect that employees will need to make a salary sacrifice deduction for childcare vouchers by September 2018 to remain in the scheme. The scheme minimum monthly salary sacrifice deduction is currently £10.

More information about this and the closure of the scheme will be published on the childcare voucher intranet page as soon as it is made available by HMRC.

Further information

For further information including log in instructions for Fideliti: http://www.bath.ac.uk/hr/working/childcare/childcare-vouchers/index.html

If you have any further questions, please send them to the reward mailbox reward-hr@bath.ac.uk in the first instance and a member of the Reward team will respond.

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