Childcare Vouchers vs Tax-Free Childcare

Compare legacy and current childcare support schemes side by side and estimate which gives better annual value.

2025/26
Side-by-side comparison

Childcare Inputs

£
£
£

Legacy Childcare Vouchers

Estimated annual saving

£2,916.00

Net annual childcare cost: £6,084.00

Tax-Free Childcare

Government top-up

£2,000.00

Net annual childcare cost: £7,000.00

Recommendation

Legacy Childcare Vouchers appear better by £916.00 per year.

How to interpret the result

Use this tool as a planning estimate. Real nursery invoices can differ because funded hours are often term-based and providers may apply extras (for example meals, nappies, or session structure).

If either parent is above £100,000 adjusted net income, Tax-Free Childcare eligibility can be lost. That cliff means small income changes can have a large net effect.

Why £100k matters for childcare

Tax-Free Childcare eligibility is per parent: if either parent exceeds £100,000 adjusted net income, the household loses access. A relatively small pension sacrifice can restore eligibility and recover up to £2,000/year per child.

Community discussions consistently highlight this cliff as one of the most under-modelled financial planning areas. Check your position with the calculator above, then explore salary sacrifice strategies to see if it makes sense for your household.

Official policy details: GOV.UK childcare support · community discussion: UKPF Reddit childcare subsidy thread

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