Parents across the UK could be entitled to a financial boost of up to £2,000 per year to help cover childcare expenses, thanks to a government scheme designed to ease the burden on families.
What Is the Tax-Free Childcare Scheme?
The Tax-Free Childcare initiative allows eligible parents to claim up to £2,000 annually per child to help pay for approved childcare providers. For children with disabilities, the support increases to £4,000.
Who Qualifies?
To be eligible, parents must:
- Have a child aged 11 or under (or 16 if the child has a disability).
- Be working at least 16 hours per week and earning at least the National Minimum Wage.
- Have an annual income of less than £100,000.
How Does It Work?
For every £8 parents pay into a dedicated childcare account, the government adds £2, up to the maximum allowance. This can be used for Ofsted-registered childcare providers, including nurseries, childminders, and after-school clubs.
How to Apply
Applications are made online via the government’s official childcare service website. Parents will need their National Insurance number and details of their childcare provider.
Don’t miss out on this valuable support – check your eligibility today and ease the financial strain of childcare costs.
