Tax free childcare
HMRC have asked us to share the below communication for agents designed to make sure your clients know about tax-free childcare and how it could reduce their childcare costs.
“Tax-Free Childcare is a government scheme available to working parents, including the self-employed, with children aged 0 to 11.
Eligible parents can get up to £2,000 per child per year towards qualifying childcare. For clients with 2 children, it could mean a £4,000 saving per year on the family’s budget.
Parents can use it on a wide range of registered childcare, including:
- childminders
- nurseries
- breakfast clubs, after school clubs and holiday clubs.
For disabled children, the scheme is available up to the age of 16 with a maximum government contribution of £4,000 per child per year.
Please tell your clients to visit www.childcarechoices.gov.uk to find out more information and how to apply. Guidance on the changes will be published in due course.”
END OF HMRC COMMUNICATION