Childcare

£2,000 in government funding available to help with childcare costs HM Revenue and Customs (HMRC) are encouraging families across the UK to not miss the opportunity for government-funded help towards their childcare costs.

Families could save up to £2,000 a year towards their childcare costs to help pay for holiday clubs and wraparound care during the school terms. More than 391,000 families saved money on their childcare costs in June 2022, worth a total of £41.6 million in top-up payments, and HMRC is reminding thousands of other families to not miss the chance to save up to £500 every 3 months, or £1,000 if their child is
disabled.

Families can sign up to Tax-Free Childcare to help pay for holiday clubs, before and after-school clubs, childminders and nurseries, and
other approved childcare schemes. It is available to families with children up to the age of 11, or 17 if their child has a disability.

The government will pay 20% of childcare costs by topping up the money paid into a Tax-Free Childcare account. This means for every £8 paid into the online account, families will automatically receive an additional £2 in government top-up.

For more information or to see if you are eligible, please go to: https://www.gov.uk/government/news/2000-in-government-funding-available-to-help-with-childcare-costs