Under the Income Tax (Qualifying Child Care) Regulations 2008 the following items of your child’s bill (until its 16th birthday).can be paid for using Childcare Vouchers
- Kim Club Fees
- Boarding Fees
- Sports Weeks and Sports Camps (held on the school campus out of term time)
(Please note that these vouchers cannot be used for school trips)
Under the current regulations*, an employee can elect to save up to £243 per month in income tax and NI contributions from his / her salary to purchase Childcare Vouchers. This saving is made before the deduction of income tax and NI contributions, thereby reducing the true cost by around £78 per month (for schemes commenced after 2011). If both parents are able to utilise the scheme via their respective employers, the potential saving is doubled to almost £1,870 per annum.
Childcare Voucher schemes are operated by employers, not by the School. (The scheme may be referred to as “Busy Bees” or “Edenred” schemes as these two organisations are active nationally in marketing a service to employers and employees). In practice your employer makes the deduction from your monthly pay, paying the deduction over to your nominated Childcare Voucher provider. You instruct the Childcare Voucher provider to make payments to Kimbolton School on a monthly or termly basis.
Please contact your employer for more details regarding its arrangements.
For more details, please contact Stephen Oliver, Deputy Bursar, on 01480 862221 or email.
Kimbolton School is an independent fee paying school registered with the Independent Schools Inspectorate (ISI). The School’s unique registration number is 110925.
* there is legislation in place to replace childcare vouchers with early years funding in 2017, after which date new childcare voucher arrangements will not be possible. However, existing arrangements will be honoured.