Childcare tax relief and salary sacrifice schemes for workplace nursery benefit schemes, TEDS Premier.

Why TEDS Premier

TEDS Premier can significantly reduce your annual nursery fees by up to 50% in some circumstances. The scheme is an HMRC friendly salary sacrifice scheme which allows you to access 100% personal tax and 100% National Insurance savings on your childcare costs.

You can use TEDS Premier across a wide range of childcare activities within the nursery setting, and your childcare provider will benefit financially too. It also gives them extra marketing power as it allows them to offer the scheme to other parents who can also save up to 50% off their childcare costs.

If your employer is operating the TEDS Premier scheme then you will be able to quickly access significantly reduced cost savings on your childcare.

If you think that your employer could be interested in becoming a TEDS Premier provider, direct your employer to the TEDSgroup website, and they will quickly realise the benefits of providing a free, easy-to-run staff incentive scheme, which provides staff with more money in their pockets every month.

You should be aware that TEDS Premier is a salary sacrifice scheme and your personal tax situation will be unique. So, it is vital that you ensure that you find out if TEDS Premier is the best option for you, prior to enrolling. TEDSgroup or your employer can help in working this out for you. For lower paid workers, it could be more beneficial to use the Working Family Tax Credit system and if you are in any doubt, you should first seek advice prior to enrolling in TEDS Premier.

Childcare tax relief and salary sacrifice schemes for workplace nursery benefit schemes, TEDS Premier.