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About Flexible Remuneration Nursery Tickets

What are Flexible Remuneration Nursery Tickets?

Flexible Remuneration Nursery Tickets are a benefit that your company offers you so that you can pay the nursery expenses of your children under 3 years old with tax advantages. The amount allocated to the tickets is deducted directly from your gross salary, which reduces the taxable base of your IRPF and, therefore, you pay less taxes.

 

Main Advantages

  • Tax savings: By paying for nursery through flexible remuneration, you reduce the taxable base of your IRPF, so you pay less taxes.
  • Ease of use: The tickets are accepted by a wide network of collaborating nurseries.
  • No direct disbursement: The amount is deducted directly from your payroll, so you do not need to make payments on your own.

 

FAQ Flexible Remuneration Nursery Tickets

What does flexible compensation mean?

Flexible compensation is a compensation model in which part of your salary is used to purchase products or services, such as childcare vouchers, transport vouchers or health insurance. This part of your salary is not subject to income tax withholding, which allows you to pay less tax.

 

What is the exact tax savings I can get?

The tax savings depend on your personal situation, such as your gross salary and your marginal income tax rate. Normally, you can save between 20% and 45% of the amount allocated to tickets.

 

When does the benefit come into effect?

The benefit comes into effect once your company formalizes the contracting of the ticket service. The start dates usually coincide with the beginning of a month, but it depends on the agreement with the provider.

 

What happens if I leave the company?

If you leave the company, you may lose access to childcare vouchers. Check with Human Resources to find out what options are available to you in this case.


 

Coverage and Services

What expenses do childcare vouchers cover?

Childcare vouchers can be used to pay for childcare services at approved nurseries or early childhood education centres.

 

Where can I use childcare vouchers?

You can use them at any nursery or early childhood education centre that is part of the network of partner centres. Check the list of approved centres on the provider's platform.

 

Can I use vouchers to pay for extracurricular activities or camps?

No, childcare vouchers can only be used to pay for childcare or early childhood education expenses for children under 3 years old.


 

Processes and Procedures

How can I request daycare vouchers?

You can manage daycare vouchers from the Factorial platform, through your daycare settings, the periods of use and the amount to be paid.

 

Can I modify the amount of daycare vouchers?

Yes, but this can usually only be done during the annual "modification windows" established by the company. Check with Human Resources for more details.

 

What do I do if I need to change daycare?

You should check whether the new daycare is included in the network of collaborating centres. If it is not, you could request the incorporation of the daycare from the ticket provider.

 

Can I request refunds if I have already paid for the daycare?

No, daycare vouchers do not usually allow refunds of payments already made. They can only be used for future payments at collaborating centres.

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