Ways to reduce your childcare costs

The cost of living crisis is affecting everyone.

We’re all looking to save where we can but when it comes to our little ones, we want to make sure they’re offered the best care possible.

That’s why registering or staying with the nursery that feels right is so important.

But did you know there are a range of ways in which you can save on your childcare fees without compromising?!

We’ve listed these below along with some additional resources.

Let’s dive straight in!

Working? Try tax-free childcare

Tax-Free Childcare is a government scheme to support working parents with childcare costs.

If you’re eligible for the scheme, you can set up an online childcare account which you can use to pay the nursery fees directly.

For every £8 you pay, the government will pay an extra £2. You can get up to £2,000 per child per year, or £4,000 for disabled children.

Find out more by clicking here.

Are you using your childcare vouchers?

The Childcare Voucher scheme allows working parents the opportunity to sacrifice part of their pre-tax salary to pay for registered childcare.

Meaning you can make savings on your Tax and National Insurance – up to £933 per parent, per year.

Each eligible parent can sacrifice a maximum of £243 per month from their salary into their Childcare Voucher account.

However, the Government closed the Childcare Voucher scheme to new registration in October 2018, so it’s no longer possible to use the scheme.

Find out more by clicking here.

There’s also 15 & 30 hours free childcare

Working parents of 3 and 4 year olds in England may be entitled to up to 30 hours of free childcare, for 38 weeks of the year (or fewer hours over more weeks).

This is an additional 15 hours of free childcare on top of the 15 hours of universal entitlement for 3 and 4 year olds in England.

Find out more by clicking here.

15 hours free childcare for 9 months - 2 years

Working parents of 9 month - 2 year olds, may be entitled to 15 hours of free childcare.

And we now offer this from 6 months at The Butterfly Patch!

Find out more by clicking here.

Certain days come at a reduced cost

We offer Mondays and Fridays at a reduced cost across most of our nurseries.

If you’re unemployed or your employer is flexible, then this may be a good option to save on your childcare costs.

Find out more by downloading our fees here.

Save at The Butterfly Patch

Additionally, did you know if you’re registered with us you can save…

• 2.5% on your childcare fees if you choose to pay quarterly.

• 5% on your fees if you’re already with us and are registering a sibling.

• 5% if you’re part of ‘people who help us’ incl. NHS staff, police etc.

For more information and resources please speak with the nursery manager or check out the links below.

Resources

Which - ways to cut down childcare costs

Help for households - help with childcare costs

Working families - childcare fee advice for parents and carers

Money Saving Expert - childcare costs