Budget boost for government’s tax-free childcare scheme

Good news for (some) parents: measures to make it easier for people with school-age children to access the government’s tax-free childcare scheme were announced in the budget, according to The Guardian.

This scheme is for working families, including the self-employed, in the UK with children under 12 (under 17 if disabled). Parents open an online account to pay for registered childcare – a childminder, nursery, nanny, after-school club, playscheme and so on. However, your childcare provider must be signed up to the scheme.

For every £8 you pay in, the government adds an extra £2, up to £2,000 a year for each child. That’s up to £500 every three months. If you have a disabled child, you can receive up to £4,000 per child.

You can use tax-free childcare all year round, including during school holidays.

Read full article here Budget boost for government’s tax-free childcare scheme

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