The implementation of Tax-Free Childcare,the Government scheme to help working parents with the cost of childcare is being rolled out to eligible parents in stages.
The scheme first made it’s debut in April 2017 and although there have been initial systems problems HMRC’s aim is to have the scheme open to all eligible parents by 14th February 2018.
Under Tax-Free Childcare, for every £8 the parent pays, the Government provides a £2 top up to a maximum of £2000 per child per year.
To be eligible parents must generally have a minimum weekly earnings of £120 each, there is also an upper earnings limit of £100,00.
Application is made online through the Childcare Choices site www.childcarechoices.gov.uk.