Parish Notices

Reminder from HMRC, £2,000 in government funding available to help with childcare costs

Oct 19, 2022

HM Revenue and Customs (HMRC) are (as of 18 October) 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 October half-term 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.

Further details can be found in the link below.

Government News Story