Make school holidays easier with Tax-Free Childcare

Did you know there is a government scheme available that can help contribute towards childcare costs?  This may mean that fewer of your employees will need time off at the same time this summer.

Tax-Free Childcare is a scheme available to working parents with children aged from 0-11 years.  Many parents are not taking advantage of the scheme and HMRC would welcome help from employers in changing this. So please tell your employees about Tax-Free Childcare and how it can reduce their childcare costs.

Eligible parents can get up to £2,000 per child, per year to spend on qualifying childcare (effectively a 25% top up). Note that Tax-Free Childcare isn’t just for everyday childcare costs, such as childminders and nurseries.  Parents can also use it to pay towards the cost of:

• after school clubs
• summer camps
• school holiday activities

https://www.gov.uk/tax-free-childcare

Photo by Christian Bowen on Unsplash