Under 4 year olds now eligible for tax-free childcare

The government have issued the following press release regarding the roll-out of the new tax-free childcare scheme:

From 21 April 2017, working parents can start applying for two new government childcare schemes launching this year – Tax-Free Childcare which begins immediately and 30 hours free childcare which starts in September.

This means that working parents of children, who will be aged under 4 on 31 August 2017, can now apply through the new digital childcare service for Tax-Free Childcare and receive a government top-up of £2 for every £8 that they pay into their Tax-Free Childcare account. All parents of disabled children (under 17 years old) will also be able to apply for Tax-Free Childcare from today.

In addition, parents of 2-3 year olds, who will be eligible for a 30 hours free childcare place in September, can apply through the childcare service and start arranging a place with their childcare provider.

The Childcare Choices website provides information on the government’s childcare schemes and explains how parents can pre-register or apply. It also includes a childcare calculator to show eligible families how much they could receive.

For parents across the UK, Tax-Free Childcare will cut childcare costs by up to £2,000 per year for each child under 12 years old, or £4,000 per year for disabled children under 17 years old. The programme will be rolled out through the year, with all eligible parents able to receive it by the end of 2017.

From September, working parents of three and four-year-olds living in England will also be entitled to the new 30 hours free childcare offer, worth around £5,000 per child. Parents will only need to make a single application for both schemes when their children become eligible.

Latest Blog
18
Feb

Tax claims if working from home

Many employed persons will have spent a large chunk of the current tax year, 2020-21,...

Read More
16
Feb

UK Pensions Bill receives Royal Assent

The UK Pensions Act will bolster protections for savers and further the government&rs...

Read More
11
Feb

Prospects for 2021

The short-term outlook for UK businesses operating in sectors badly affected by the p...

Read More
10
Feb

New UK subsidies to replace EU State Aid

The following announcement provides encouragement that a replacement for the EU State...

Read More

CONTACT SIMON COOPER

    [recaptcha]