We have fantastic news to share with our Smart 11+ Tuition community! We are thrilled to announce that we have officially completed our registration with Ofsted, the regulatory body for education and childcare in the UK. This achievement reflects our ongoing commitment to delivering exceptional educational standards and ensuring the best possible experience for your children. This allows us to offer more choice when it comes to payment using childcare schemes and also gives you the peace of mind about the standard of education that your children will receive.
Childcare Vouchers
Since 2018, the childcare vouchers scheme has been closed to new applicants. However there may still be some parents who are claiming childcare vouchers through their employers. If you are registered for this scheme, we will be able to accept the childcare vouchers you receive from your employer. The scheme works by giving tax relief. The cost of the voucher is deducted by the employer before tax and national insurance is taken. This means that the person claiming the vouchers is getting the benefit of paying less tax on their earnings and therefore saving money. If you are receiving government benefits like Tax Credits or Universal Credit, you can still claim for childcare vouchers.
We understand the importance of offering flexible payment options to suit your needs. For those currently utilising childcare vouchers through their employers, we continue to accept these vouchers. This scheme offers tax relief, helping you manage childcare costs while investing in your child’s education with Smart 11+ Tuition.
Tax-Free Childcare Scheme
The initiative which replaced childcare vouchers is the Tax-Free Childcare scheme. Tax-Free Childcare is a scheme run by the government instead of the employer. You can’t claim the support, money is placed into an HMRC bank account which is then topped up by the government. This government initiative provides a 20% top-up on childcare contributions made into a dedicated HMRC account. It’s designed to make childcare more affordable for working families, ensuring your child receives quality education without compromise.
Which Scheme Is Right?
If you aren’t already claiming childcare vouchers, you haven’t got any choice, particularly if you claim benefits. However, if you are already getting childcare vouchers, you may be better off on the new scheme.
If you’re thinking about changing schemes, try this online calculator to see what’s best for you.
We’re committed to empowering you with the information needed to make informed decisions about your child’s educational journey with Smart 11+ Tuition.
Thank you for being a part of our community and trusting us with your child’s education. We look forward to continuing to support their growth and success every step of the way.
