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How does the Government help?

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• When you contribute to an RESP, the Government of Canada will contribute as well with a Canada Education Savings Grant. The amount depends on your own contribution and your family circumstances. • The government provides more help for families with modest income. This may include an enhanced Canada Education Savings Grant and a Canada Learning Bond.

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With effect from April 2006 the Government offers tax and NI savings on up to 55 per week of childcare vouchers. This tax and NI saving is available to every working parent. You as an employee can elect to receive childcare vouchers from your employer instead of the equivalent amount of cash salary. The voucher part of your salary will be tax and NI free.

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From April 2006 the Government offers tax and NI savings on up to 55 per week of childcare vouchers for every working parent. Your employees can elect to receive childcare vouchers instead of the equivalent amount of cash salary. The voucher part of their salary will be tax and NI free.

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