The amount of tax and National Insurance contributions you will save through Apple Childcare Vouchers depends on whether you are a standard or higher-rate tax payer.

The annual savings outlined below are available from 6th April, 2011.

	Basic Rate Tax Payers (32%)	Higher Rate Tax Payers (42%)	Additional Rate Tax Payers (52%)
Weekly tax exempt amount	£55	£28	£22
Monthly tax exempt amount	£243	£124	£97
Annual tax exempt amount	£2,916	£1,484	£1,166
Employee Savings	£933	£623	£606

  *£243 is based on £55 per week x53 weeks per year divided by 12

For more information on savings please use our online savings calculator