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Families are being reminded that they can save up to £2,000 a year on childcare costs with Tax-Free Childcare.
More than 401,300 families used the scheme in September 2022 and benefited from the government paying towards childcare costs.
Tax-Free Childcare can help working families pay for any approved childcare for children aged 11 or under or 16 if the child has a disability whether the child goes to nursery, a childminder, attends breakfast or after-school club, has holiday care, or goes to an out-of-school activity.
For every £8 paid into an online account, families will automatically receive an additional £2 from the government. Parents can receive up to £500 every three months (£2,000 a year) or £1,000 (£4,000 a year) if their child is disabled.
Money can be deposited at any time and can be used straight away or whenever it is needed. Unused money in the account can be withdrawn at any time. Go to GOV.UK to register and get started.
Families could be eligible for Tax-Free Childcare if they:
A full list of the eligibility criteria is available on GOV.UK.
Families can learn more about the childcare offers available to them and what support they’re entitled to by visiting Childcare Choices.
The government is offering help for households. Check GOV.UK to find out what cost-of-living support including help with childcare costs families could be eligible for.