HMRC urges families to claim Tax-Free Childcare boost

Summarised from Liverpool Echo's report · Updated 19 Oct, 17:38 · Archive

HMRC is encouraging working families to sign up for Tax-Free Childcare, which can provide government top-ups of up to £2,000 annually per child.

HMRC is encouraging working families to register for Tax-Free Childcare, a scheme that provides government top-ups to help with childcare costs. For every £8 deposited by parents into an account, the government contributes £2, up to a maximum of £500 every three months per child.

Eligible families can save up to £2,000 annually for each child under 11, or £4,000 annually for disabled children up to 16. The funds can be used towards approved childcare including nursery fees, school clubs and out-of-term activities. Myrtle Lloyd, HMRC's chief customer officer, said: 'Tax-Free Childcare can make a real difference.'

To qualify, families must have a child under 11, with both parents (or a sole parent) earning at least the National Minimum Wage for 16 hours weekly and no more than £100,000 per annum each. Families receiving Universal Credit or childcare vouchers are not eligible.

Read the report

• HMRC urges families to claim up to £2,000 childcare boost ahead of HalloweenParents must meet certain criteria in order to be elegibleLiverpool Echo · 19 Oct, 17:07

In this story: HMRC · Myrtle Lloyd

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