The reconciling work and family life remains one of the biggest challenges for families with young children. The cost of childcare, which in Spain can range from €250 to €450 per month depending on the autonomous community, is a considerable financial burden.
In this context, the childcare voucher has become one of the most effective solutions for both employees and companies by offering tax savings, flexibility and direct support for reconciliation.
In this complete guide you will find everything you need to know: what it is, how it works, how to apply for it, whether it is compatible with other grants and what benefits it brings.
The childcare cheque is an employment benefit that allows the total or partial payment of the cost of a childcare centre or nursery (first cycle, 0-3 years) with the following conditions tax benefits.
It can be delivered in a format:
Physical or digital cheque
Prepaid card
Direct transfer to the kindergarten
Its aim is to facilitate family reconciliation and optimise the worker's salary by means of personal income tax exemption, This translates into immediate financial savings.
However, it is important to ensure that the the selected centre is approved, This is a prerequisite for the use of this type of aid.
The childcare voucher offered through the flexible compensation allow employees to allocate part of their gross salary to pay for childcare or day-care facilities.
This modality is particularly advantageous because the amount allocated to this cheque is exempt from personal income tax, which generates significant tax savings. In this scheme, the employee voluntarily decides to participate in the plan, adjusting his or her annual remuneration to include this benefit without increasing costs for the company.
Total exemption of personal income tax on the amount spent
Significant savings (between €600 and €1,000 per year, depending on the tranche)
No additional cost for the company
The employee chooses the quantity and the plant
Easily integrated into payroll
You can easily calculate your savings with our Flexible Remuneration simulator.
In this modality, the company assumes the cost of the childcare vouchers and offers them to its employees as a social benefit additional, without affecting the employee's gross salary. In this case, the company can incentivise its employees by promoting work-life balance, as well as reinforcing its corporate social responsibility policy.
From the employee's point of view, this translates into significant financial savings, as the amount of the cheque is not subject to personal income tax., The same is true for flexible remuneration. For the company, this type of measure can improve talent retention and satisfaction, positioning itself as an organisation that actively supports working families.
100% tax-deductible for corporate income tax purposes
Strengthen employer branding
Improving talent retention and motivation
Contributes to equality and work-life balance
Total savings: not taxable for personal income tax purposes.
Direct and immediate support for family expenses
It allows you to return to work with less stress.
Access depends on the policy of each company, but in general they can apply for it:
Employees with children from 0 to 3 years old
In some cases, up to 6 years if the child has special needs.
Provided that the day care centre is approved
In some cases, employers may ask for additional documentation, such as a certificate of the child's enrolment in childcare or proof of previous payments. Therefore, it is advisable to consult directly with the company for full details and requirements..
One of the main concerns of parents is whether the company childcare cheque is compatible with other subsidies, such as those offered by the state. The good news is that yes, these aids are perfectly complementary.
For example, the childcare voucher can be combined with the maternity deduction which is applied in the income tax return. As it is an allowance that operates as a flexible wage, it does not directly affect other tax benefits.
Also it is possible to combine the childcare voucher with regional or local subsidies, as long as the total cost of the childcare service is not exceeded.. It is therefore important to find out about the regulations applicable in the region and to consult a tax advisor if you have any doubts.
Edenred offers Childcare Ticket as a benefit designed to facilitate the reconciliation of work and family while optimising tax savings. With Edenred's Childcare Ticket, companies can implement this advantage in a simple and effective way., The company's flexible remuneration and social benefits can be adapted to suit the needs of its employees.
Thanks to a network of approved centres and Edenred's experience in the management of benefits, this service has become a key tool for support working families, increase team motivation and reinforce the company's commitment to the well-being of its employees.
Discover how to implement Edenred Guardería in your HR strategy.
The Edenred childcare cheque can be used in any nursery or childcare centre that is part of their wide network of approved centres. To find out if the centre you are interested in is included, simply use the nursery school search engine available on the Edenred website.
If the centre is not a member of the network, you do not need to change it. You can ask the person in charge to send a membership application using the form available on the Edenred website. Once the process has been approved, you will be able to use the cheque without any problem, thus ensuring maximum comfort and flexibility for families.
Discover Why implement Edenred Guardería in your company?!
Yes, it cannot exceed 30% of gross annual salary of the employee.
Only in approved centres or centres affiliated to the supplier.
It reduces the taxable base for personal income tax, increasing the net salary.
No, unless they use deductions for childcare expenses in personal income tax.
No, it does not affect the contribution base.
