Budget 2013 - Help with child care costs
The Government’s commitment to providing help with childcare costs is a welcome boost for working families, albeit the assistance is being phased in from autumn 2015. The relief will initially help families with children under age 5 and will be extended over time to include children under 12.
To be eligible for the relief, both parents must work with each earning below £150,000 and not be receiving tax credits or the universal credit.
The current proposal, which is subject to consultation, is that the government will pay 20% child care costs up to £6,000 ie £1,200 per child.
Date: 20th March, 2013
Articles from this Author
20th July, 2017
Uncertain times for winding up transactions
3rd July, 2017
9th June, 2017
27th April, 2017
Government places Making Tax Digital legislation on hold
Contact Business Service Partners
Choose from the drop down menu below to select a Partner to contact.
“Good luck to everyone who has also made it as a finalist, I look forward to awards evening later on in the year”-L… twitter.com/i/web/status/8…
For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole