13.04.2023 |
Promoting Tax-Free Childcare to Parents
Tax Free Childcare is a government incentive which can offer parents up to £2,000 per year per child towards their childcare costs. This is capped at £500 every 3 months.
The scheme works by you paying 80% of your childcare fees into a childcare account and the government top up the extra 20%. We have provided a basic calculation and example below so you can work out how much you need to pay in. This is a poster explaining to parents how it works, and the benefits they gain.