London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Tax-free childcare and childcare vouchers

The childcare vouchers scheme will not be available to new entrants after 5 April 2018. Instead the government has introduced tax-free childcare. This applies to working parents with children under 12 (or under 17 for disabled children). They need to open an online account to pay for registered childcare. The government tops-up the money parents pay into the account £2 for every £8 paid by the parent. They can receive up to £2,000 per child per annum, or £4,000 for a disabled child. As one would expect a number of conditions need to be met.

The Government also provides a good guide to the reliefs and benefits available for childcare in general which can be found at https://www.childcarechoices.gov.uk/ .Parents need to be determine which works best for them. If it is the traditional childcare voucher scheme then they need to ensure they are registered before 6 April 2018. 

 

 

Date: 8th June, 2017
Author: David Hadley

SHARE THIS

Articles from this Author

Contact Business Service Partners

Choose from the drop down menu below to select a Partner to contact.

Tweet

Mercer & Hole’s @GudgionJa progress in @CelebJustDance - Not much longer to Waite now….. bit.ly/2gqZOZq @MKDonsSET

Mercer & Hole’s Michael Lapham impresses at the @MoneyMgmtMag Financial Planner Awards bit.ly/2yw3Ieetwitter.com/i/web/status/9…

Follow

LinkedIn

For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn