Bucks families urged to access childcare scheme

HMRC are reminding eligible parents in Bucks to sign up for Tax-Free Childcare.

Author: Scarlett Bawden-GaulPublished 2nd Sep 2020

Working parents in Buckinghamshire are being reminded the could save up to ÂŁ2,000 per year to pay towards childcare.

HM Revenue and Customs (HMRC) estimates around 190,000 families in the South East are eligible for the Tax-Free Childcare.

The scheme is open to working parents, including the self-employed, who earn between the minimum wage and ÂŁ100,00 a year and who have children under 12 years old.

Families with a disable child under the age of 17 are able to receive up to ÂŁ4,000 in government support each year.

Eligible families pay into their Tax-Free Childcare account and for every ÂŁ8 that they deposit, the UK Government will immediately make atop-up payment of ÂŁ2.

HMRC's Deputy Chief Executive and Second Permanent Secretary, Angela MacDonald, said:

"As more parents across the country return to work and kids head back to school following the outbreak of the Coronavirus pandemic, there has never been a better time to sign up to Tax-Free Childcare.

"It takes just minutes to set up an account on our improved and more accessible Childcare Choices website and soon you could be receiving up to ÂŁ2,000 per child towards the cost of childcare each year."

Families are able to choose from childcare providers that have signed up to Tax-Free Childcare. This includes nannies, nurseries, childminders, breakfast clubs and after-school clubs.

You can find out more and apply though the Childcare Choices website.

There is also a Childcare Calculator that compares all the governments childcare offers so that families can work out what is best for them.