Do Childcare Vouchers Expire
How easy is it to change the amount of childcare vouchers i receive.
Do childcare vouchers expire. The childcare vouchers scheme closed to new applicants on 4 october 2018 which means that parents had to be signed up and had received their first vouchers by this date to be able to still use them. We contacted sodexo which confirmed that all its childcare vouchers carry an 18 month expiry date from the date of purchase. Employers tend to decide whether to refund the balance of any unused vouchers. Childcare vouchers do not expire so you can use them as a way of saving during the year for periods of increased childcare expense such as summer holidays.
Typically there is no expiry date on childcare vouchers. Early years vouchers parents who are sent the paper vouchers have 12 months to use them. Which scheme you re better off with depends on your situation. The first thing to realise is that not all childcare vouchers expire it depends on the provider.
Sodexo the vouchers expire within 18 months. You cannot continue to claim childcare vouchers or directly contracted childcare if you successfully apply for tax free childcare. However your employer may have additional conditions on usage if you leave their employment please check with your hr team. However your employer may have additional conditions on usage if you leave their employment from 2017 childcare vouchers will be replaced from next.
Edenred childcare vouchers do not expire and if you decide to switch to tax free childcare at a later date you can still use up any vouchers accrued in your account. Generally since employees are receiving vouchers instead of being paid a refund of the voucher would have to go back through their employer and through payroll. The scheme closed because the government has rolled out the tax free childcare scheme to replace childcare vouchers. However your employer may have additional conditions on usage if you leave their employment please check with your hr team.
If vouchers do come close to expiry or actually expire the account. Vouchers are typically valid for 12 months from date of issue accounts can expire after 2 years of inactivity. Here are some of the terms we found for certain providers. Electronic childcare vouchers do not expire.