Family Care

We can advise on how much budget to allocate per employee based on average cost of care, and number of days you would like to cover.

No. As an employer, you can choose whether to support Child, Eldercare, and Pet care, or just one or two. For DE&I, we would recommend switching on all three, as ‘family’ is a broad term! 

Yes, this is a taxable benefit and can be executed in 3 ways: 

1. Report the Benefit in Kind (BIK) via a P11D submission. The tax due will be collected over the course of the following year through a tax code adjustment.
2. Deduct the tax due at source through payroll (PAYE). The tax due will be deducted from the employee’s monthly salary.
3. Make a PAYE settlement (PSA). The tax due will be paid by you, the employer, removing tax liabilities from the employee.

Vivup are not able to provide tax advice and would recommend seeking your own advice. For specific questions in relation to the tax, NICs and how to report this, independent tax and/or legal advice should be sought.

Yes, as an employer, you can see how the platform is accessed, the types of care that employees are interested in, and how the Care Budget is used, all by location, department or even by job title, giving insight into the family support they need, as well the ability to ‘put an arm around them’ when they need it most.