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. 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 the hundreds of North Trafford families who use Tax-Free Childcare, the money they save each month on their childcare costs is money that goes back into their pockets. Accounts can be opened at any time of the year and can be used straight away, money can be deposited at any time and used when needed. Any unused money that is deposited can be simply withdrawn at any time.
Local Conservative campaigner, Daniel May said “Tax-Free Childcare can make a big difference to local families, helping with the bills for things like holiday clubs, nurseries, childminders and after school clubs. I would like to encourage families to find out more about Tax-Free Childcare via the Childcare Choices website.”
