Do Sodexo Childcare Vouchers expire?
Vouchers last for up to 30 months, so you can save them up for times when you may need extra childcare throughout the year. All vouchers expire on their expiry date.
How long are Childcare Vouchers valid for?
twelve months
As of 4 October 2018, childcare vouchers closed for new parent registrations. If you’re a parent who already takes childcare vouchers, you’re eligible to carry on doing so for as long as you need, as long as you order at least once every twelve months.
Is the childcare voucher scheme ending?
The Childcare Vouchers scheme is now closed The Childcare Vouchers scheme closed to new applicants on 4 October 2018, which means that parents had to be signed up, and had received their first vouchers, by this date to be able to still use them.
Do tax-free Childcare Vouchers expire?
Electronic Childcare Vouchers do not expire; however, your employer may have additional conditions on usage if you leave their employment.
Can you cash in unused childcare vouchers?
Typically, there is no expiry date on childcare vouchers. Employers tend to decide whether to refund the balance of any unused vouchers. However, an employer must refund any balance in the voucher account of an employee leaving the organisation, because it cannot be transferred between employers. 5.
How long do childcare vouchers take to clear?
Payments from parent’s childcare accounts to their childcare providers are made via the BACs system, these payments take 3 working days to clear into provider’s bank accounts. If a parent does not have sufficient cleared funds in their childcare account then the payment to their provider will fail.
Can you rejoin childcare vouchers?
As the Childcare Vouchers scheme closed to new entrants on 4th October 2018 you will not be able to ‘rejoin’ your new employer’s scheme. However, if you are transferring to a new employer via TUPE, your rights are protected and you will still be eligible to remain on the Childcare Vouchers scheme.
What scheme replaced Childcare Vouchers?
Tax-Free Childcare
Tax-Free Childcare will replace the existing Childcare Voucher Scheme from the 1 October 2018.
Can I get money back from Childcare Vouchers?
Vouchers can be refunded, but they cannot be transferred between employers. Both working parents are entitled to childcare vouchers. Childcare vouchers are one of the most common benefits employers offer to their workforce and, with childcare costs spiralling, they are likely to become one of the most valued.
Can I transfer my childcare vouchers to a new employer?
If you move to a new employer you will be treated as a new entrant, therefore you will no longer be entitled to receive Childcare Vouchers through your new employer, however you will still be able to use any Childcare Vouchers that are in your account to pay for registered childcare.
Can you still use childcare vouchers with 30 free hours?
You are still able to receive Childcare Vouchers in conjunction with 30 free hours, despite what the government website is currently advising. This is an error on their behalf. For clarification and to be able to proceed with your application, call HMRC on 0300 123 4097.
How do I cancel my Childcare Vouchers?
Send an email to [email protected] confirming that you would like your vouchers to be cancelled (LSE Payroll will then make the necessary adjustments to your Computershare account)