Don’t miss your cash top-up to help with childcare
Families can receive up to £2,000 by signing up to Tax-Free Childcare
Did you know that families can get a government top-up towards the cost of their childcare?
The top-up amount can be as high as £2,000 a year by signing up to Tax-Free Childcare.
In short, working families the Tax-Free Childcare scheme offers 20% top-up to childcare which can be up to £500 every three months (£1,000 every three months for disabled children).
Where can the money be used?
The top-up can go towards the costs of nurseries and childminders plus before and after school clubs as well as school holiday clubs and other accredited childcare schemes.
Who is eligible?
The childcare top-up is available for children up to the age of 11 (or 17 for a child with a disability).
How does it work?
For every £8 that you add into the account, the government will top it up by £2.
Myrtle Lloyd, HMRC’s Director General for Customer Services, said: “The 20% government top-up offers working families help to pay for childcare, whether it’s nursery bills, after school clubs or holiday clubs. Search ‘Tax-Free Childcare’ on GOV.UK to find out more.”
Helen Whately, Exchequer Secretary to the Treasury, said: “Whether it’s for holiday clubs, breakfast clubs, or childminders and nurseries, Tax-Free Childcare is a great offer that gives working parents a helping hand with their childcare costs.
“This Government is committed to supporting working families which is why it’s fantastic that thousands more are saving money through the Tax-Free Childcare scheme. I urge as many parents as possible to take advantage of this support.”
Click on the button below to find out if you can claim.