Please note: These savings are presented as an illustration only and are based on our current understanding of the legislation (April 2011), the information you have provided and the tax and NIC exemption limits. Precise savings will depend upon an individuals tax and NIC circumstances. Please speak to your HR Manager if you are unsure.

If you are currently in receipt of the childcare element of Working Tax Credit you should consider which offers you the greatest benefit. Childcare paid for by your employer cannot be included in a WTC claim. Participating in the scheme may reduce your benefit entitlement.

WTC helpline 0845 300 3900,
Northern Ireland 0845 603 2000
www.taxcredits.inlandrevenue.gov.uk

Annual Salary	£
Are you contracted out for the purposes of National Insurance Contributions? (If you are unsure, you should refer to your pension arrangements)	Yes No
Monthly Salary Sacrifice Amount	£
Annual Saving:	£
Monthly Saving:	£