Since April 2017, HM Revenues and Customs has been gradually rolling out Tax-Free Childcare and a couple of weeks ago, opened this up to all elgible families whose youngest child is under 12.
The scheme could save thousand of pounds each year through tax saved and government top-up contributions. You setup an online account to save for childcare and for every £8 parents pay into their account, the government adds £2. According to Nicole, a mum of twins from Greater London:
“It’s massively helped me: the extra money makes a huge difference, and I find the system really easy to use. It allows me to comfortably work full time, knowing that my children are being well looked after.”
There's more information in the video below. To register for Tax Free Childcare Choices, visit the dedicated UK government site at https://www.childcarechoices.gov.uk/
It's worth sharing this information in your organisation. I'm sure you'll find a few grateful parents!
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