My company have just joined a scheme called Busy Bees which can save you anything up to £1067 per year (and both parents can claim seperately so this could double). The basic idea is that the company signs up (and they save money as well so that's their incentive), you then decide how many childcare vouchers a month you would like, up to a maximum of £50 per week per parent. These are then deducted out of your gross salary and you receive the vouchers (which all nurseries will accept). This way you don't pay tax or NI on this amount, and this is how you save the money. For anyone that is interested, get your payroll department to go to http://www.busybees.com/ Ooo, the website now says that the amount you can claim in vouchers has gone up in the budget!!!