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savings calculator for employees  
Your Age: Contracted In:        Contracted Out:
Hours Per Week Worked: (Do not include overtime.)
Monthly Gross Basic Pay:
Monthly Voucher Value: (Max. tax free amount is £243 pm.)
Results
Maximum Monthly Salary Sacrifice:
After checking that your hourly rate is above the national minimum wage.
Savings Per Month:
Savings Per Annum:
Please note: This calculator provides an illustration only and as such all calculations are approximate.
You should always take advice regarding the relative benefits of the scheme compared with your entitlement to Working Tax Credits and in particular to the Childcare Element. Call the Tax Credits helpline on 0845 300 3900 or click here to visit the HMRC website. 		 
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