Harrogate and Knaresborough MP Andrew Jones is highlighting support available from HMRC towards the cost of childcare through the Tax-Free Childcare scheme as children return to school after summer holidays.
Tax-Free Childcare puts more money back in the pockets of working families by providing much needed financial support towards the cost of childcare for children aged 11 or under, or up to 17 if the child has a disability. For every £8 paid into a Tax-Free Childcare online account, families will automatically receive an additional £2 in government top-up.
Families receive up to £500 every three months (£2,000 a year) per child, or £1,000 (£4,000 a year) if their child is disabled, helping towards the cost of before and after-school clubs, childminders and nurseries, holiday clubs and other approved childcare schemes.
Mr Jones commented: “Parents are busy people and I am concerned that some will miss out on this scheme from HMRC. That is why I want to raise awareness of it. In June alone 391,000 families across the UK received top-up payments totalling £41.6m.
“Significant sums are being put behind the scheme and any contribution to tight household finances at the moment should be claimed. The cash can help with things like wraparound care for school children, nurseries, childminders and holiday clubs.” Families can find out what childcare support is best for them via Childcare Choices and find more information about the HMRC scheme via Tax-Free Childcare.
Parents and carers could be eligible for Tax-Free Childcare if they:
- have a child or children aged 11 or under. They stop being eligible on 1 September after their 11th birthday. If their child has a disability, they may get up to £4,000 a year until they are 17.
- earn, or expect to earn, at least the National Minimum Wage or Living Wage for 16 hours a week, on average each earn no more than £100,000 per annum.
- do not receive tax credits, Universal Credit or childcare vouchers.
A full list of the eligibility criteria is available on GOV.UK.