What is the maximum amount I can pay via salary sacrifice?
The Government has set a limit on the amount of virtualvouchers you can receive free of tax and national insurance. This is currently £55 per week or £243 per month. Your monthly salary must be sufficient to allow the salary sacrifice to be made without your salary falling below the National Minimum Wage. Your salary will also not be considered sufficient if making any salary sacrifice would mean there were insufficient funds to make any payment that your employing company is obliged to make from your net salary, for example any payments under court order or student loan payments. In the event that your salary is insufficient to allow the salary sacrifice to take place then your membership of the Childcare Scheme will be suspended until your salary returns to a sufficient level. Please note that if your gross salary is insufficient to pay a small part of the salary sacrifice then the whole amount will be rejected.
