Don’t miss out on thousands of pounds in free childcare!

Working parents are being reminded to open a tax-free childcare account to save up to £2,000 a year on childcare.

The account can be used to pay for any approved childcare, including nurseries, child minders, and holiday, breakfast and after-school clubs.

Who qualifies?

To qualify, you must:

• have a child aged up to 11 (up to 16 if the child is disabled)
• earn at least the equivalent of 16 hours paid at the national minimum or living wage a week
• earn no more than £100,000 a year (you can both earn up to this amount if you have a partner)
• not receive tax credits, universal credit or childcare vouchers

What will you get?

• You’ll get up to £2,000 a year per child (£4,000 if your child has a disability)
• For every £8 paid into a tax-free childcare account, you’ll automatically receive a £2 top-up
• You can save up to £500 every three months for each child (£1,000 if your child has a disability)

How do I apply?

You register on the government’s website.

Save on your back-to-school costs

Myrtle Lloyd from HMRC said:

Starting back to school and arranging childcare for the term ahead can be costly for working families. Tax-Free Childcare offers financial help so families can save on the cost of childcare.