Bright Young Things is committed to providing excellent academic support to every student – no matter what their circumstances are.
As an OFSTED registered childcare provider, BYT is able to accept payment through childcare vouchers. Our clients are also entitled to receive working tax credits to use towards tuition and we provide our very own BYT scholarship!
Child Care Vouchers
The Childcare Voucher amount you choose to deduct is taken off your salary before you pay tax and National Insurance. Therefore, you pay less tax and National Insurance as your pre-tax salary is reduced.
To find out if you are eligible to speak to your HR department – regardless of the size of your company, it is a scheme that all employers can register for.
Ask your local centre for their OFSTED and CCV number to make any payment!
We offer a scholarship programme which gives a 50% discount to parents receiving Income Support or Job Seekers Allowance and to parents of students who are eligible for free school meals. Because of its popularity, spaces are limited on the scholarship scheme and there may be a waiting list at your centre.
Working Tax Credits
You may qualify for extra tax credits to help pay for some of your childcare costs while you are working. The amount that you’re eligible for will depend your household income and situation, but you may qualify for the tax credits if:
-You’re a single parent, working over 16 hours per week
-A couple where both parents are working over 30 hours per week (combined)
If you already claim working tax credits:
You will need to call the Tax Credit Helpline with our information and discuss increasing your working tax credits in the case of childcare changes.
We are a registered childcare provider and based on your annual income, you can be awarded up to 70% of your tuition payments covered.
You will likely need to provide them with the monthly cost of your tuition and the date you will start.
If you have any questions regarding payments and how we can suppprt your educational journey and financially do not hesitate to contact any of our fantastic team located all across London.