Tax-free childcare – don’t miss out!

2019-09-02T11:29:40+01:00July 12th, 2019|Categories: Blog, Personal Finance|Tags: , |

HMRC are currently running a campaign to remind people that they could get up to £2,000 per child, per year, towards childcare costs. Broadly, eligible parents/guardians may receive government top-ups of £2 for every £8 that they pay into a tax-free childcare account, up to a maximum of £2,000 per child (or £4,000 for disabled children). There is an overall maximum limit of £10,000. The scheme is open to all working parents across the UK with children under 12, or under 17 if disabled. Under the scheme, the parent/guardian opens an online account and decides how much to pay in. [...]