Childcare Vouchers Salary Sacrifice Product

Contract summary

Industry

• Child allowances - 75340000

Location of contract

YO30 4RY

Value of contract

£648,000 to £864,000

Procurement reference

RCBN5175-C

Published date

9 March 2022

Closing date

7 February 2022

Closing time

12pm

Contract start date

22 February 2022

Contract end date

21 February 2025

Contract type

Service contract

Procedure type

Call-off from a framework agreement

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

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Description

Childcare Vouchers Salary Sacrifice Product
childcare vouchers can be used as payment for participating registered or approved childcare establishments including day nurseries, child-minders, au pairs, out of school clubs and holiday clubs. These are for children between the ages of 0 years to 16 years. The vouchers are exempt from employee tax & employer/employee NIC for up to a limit of £55 per week or £243 per month (dependent upon the participating employee'staxable income. The Contractor will administer the scheme as a salary sacrifice scheme on behalf of the Authority, for the benefit of each participating employee in accordance with HM Revenue and Customs guidelines and regulations, whereby employees will formally agree to a reduction to their taxable salary and instead receive that amount (equivalent to the reduction) in childcare vouchers.

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Award information

Awarded date

8 February 2022

Contract start date

22 February 2022

Contract end date

21 February 2025

Total value of contract

£648,000

This contract was awarded to 1 supplier.

EDENRED (UK GROUP) LIMITED

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About the buyer

Contact name

York and Scarborough Teaching Hospitals NHS Foundation Trust

Address

Tribune House, Clifton Moor
York
YO30 4RY
England

Telephone

01723 236239

Email

James.maton@York.nhs.uk