Tax

    Working Parents: Reduce Your Childcare Costs!

    Nordens 28 May 2019

    If you're the parent of a child up to age 11, have you heard about Tax-Free Childcare and how it could reduce your childcare costs?

    Tax-Free Childcare is a government scheme available to working parents, including self-employed people, with children aged 0 to 11.

    Eligible parents can get up to £2,000 per child per year towards qualifying childcare. For a family with two children, it could mean a £4,000 saving per year.

    Parents can use it on a wide range of registered childcare, including childminders, nurseries, breakfast clubs, after school clubs and holiday clubs.

    For disabled children, the scheme is available up to the age of 16 with a maximum government contribution of £4,000 per child per year.