Your Guide to My Choice - Insurance - HSBC careers site
Your Guide to My Choice - Insurance - HSBC careers site
Your Guide to My Choice - Insurance - HSBC careers site
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LEISURE & LIFESTYLE<br />
Childcare<br />
Provider: kidsunlimited<br />
Childcare vouchers (up <strong>to</strong> £2,915 p.a. tax and NI free)<br />
Cycle2Work<br />
Provider: Halfords<br />
• Do you have children under the age of 16 for whom you need <strong>to</strong><br />
provide childcare?<br />
• Do you use a registered or approved home childcarer?<br />
• Are you based at S<strong>to</strong>ur<strong>to</strong>n or Hamil<strong>to</strong>n and have children younger than five?<br />
• Would you like a convenient, au<strong>to</strong>mated way <strong>to</strong> pay for childcare that saves<br />
you Income Tax and National <strong>Insurance</strong> Contributions?<br />
• Are you eligible for, or currently receiving, Childcare Tax Credits?<br />
<strong>My</strong> <strong>Choice</strong> allows you <strong>to</strong> reduce your childcare costs by offering either kidsunlimited<br />
childcare vouchers <strong>to</strong> pay for all types of registered childcare, or the opportunity <strong>to</strong> pay<br />
for a place at one of the first direct on-<strong>site</strong> nurseries (subject <strong>to</strong> eligibility).<br />
You can choose from the following options for your childcare needs:<br />
• Childcare vouchers − you can choose monthly electronic childcare vouchers<br />
in £1 units, with a minimum monthly payment of £10. This option is available <strong>to</strong><br />
all employees<br />
• Is cycling an appropriate mode of transport for your journey <strong>to</strong> work?<br />
• Do you need <strong>to</strong> get fit or find a more reliable or cheaper way <strong>to</strong> get <strong>to</strong> work?<br />
• Are you interested in reducing your ‘carbon footprint’?<br />
If you are thinking about cycling <strong>to</strong> work, or already do, this is a cheap and easy way<br />
<strong>to</strong> have the bicycle of your choice. Through <strong>My</strong> <strong>Choice</strong>, you can choose a bicycle and<br />
accessories for commuting <strong>to</strong> work from £200 up <strong>to</strong> £1,000. Choosing this benefit<br />
commits you for one year.<br />
If you select a bicycle and accessories through <strong>My</strong> <strong>Choice</strong> you will get <strong>to</strong> choose a further<br />
15% worth of free cycle accessories. For example, if you select a bicycle and accessories<br />
with a value of £300, you will be able <strong>to</strong> choose a further £45 worth of free accessories.<br />
Please note the 15% offer is only redeemable against standard s<strong>to</strong>re and ‘sold <strong>to</strong> order’<br />
ranges available from Halfords, Bikehut and Cycle Republic. In addition, you will need <strong>to</strong><br />
arrange insurance for the bicycle.<br />
• first direct on-<strong>site</strong> nurseries:<br />
– S<strong>to</strong>ur<strong>to</strong>n on-<strong>site</strong> nursery − choose <strong>to</strong> contribute in pounds and pence, with a<br />
minimum monthly payment of £1 (available only <strong>to</strong> S<strong>to</strong>ur<strong>to</strong>n-based employees)<br />
– Hamil<strong>to</strong>n on-<strong>site</strong> nursery − choose <strong>to</strong> contribute in pounds and pence, with a<br />
minimum monthly payment of £1 (available only <strong>to</strong> Hamil<strong>to</strong>n-based employees).<br />
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