Childcare Voucher Scheme (Operated by Computershare)

Computershare Childcare Vouchers can be used for registered childcare facilities such as non-University nursery fees, before and after school clubs, holiday play schemes, child-minders, nannies and crèche facilities including swimming pools, gyms and supermarkets.

The University offers this scheme to eligible staff as an opportunity to save tax and national insurance on childcare costs.

The conditions which apply to this scheme are:

  • Vouchers can be used for children up to the age of 16. Children are cared for in registered childcare setting (includes nannies etc)
  • Parents must have a contract of employment with the University.  If you are employed on a College-only contract, you should contact your own payroll department to see whether they offer a voucher scheme.

If you wish to discuss the Children Vouchers Scheme please contact the Computershare voucher team on 0345 002 1111 or via email: parent@computershare.co.uk.

Benefits of Childcare Voucher Scheme

Up to £243 per month can be deducted from your salary and paid directly to your childcare provider. You will save money by not paying tax or national insurance on this amount. If both parents work for the University, both of you can claim.

If you are paying for childcare which fluctuates monthly, because your child is at school and therefore you have higher childcare expenses in the holidays, you can still join this scheme. See the FAQs in the voucher guide.

Completing the online Childcare Voucher agreement

Applications to join the scheme can be made very simply online: 

  • Visit www.computersharevoucherservices.com
  • Click on ’Register Now’ in the ‘Parents’ section
  • Enter your employer’s scheme ID (for Oxford University this is 0019454248)
     
  • Fill in the agreement
  • You will set the security information for your online account
  • CVS will send you a confirmation of your parent user ID by email.

For fuller information on the scheme including FAQs, see: Childcare Voucher Guide (434kb)

Savings under the Childcare Voucher Scheme on or after 6 April 2011

The below table shows the saving parents will receive joining on or after 6 April 2011. Parents will also be subject to a basic earnings assessment.

  Basic Rate Tax Payer
Higher Rate Tax Payer
Weekly contribution
 £55  £28
Monthly contribution
 £243  £124
Savings per annum
£933
£623