Perfect way for parents to pay for childcare costs over the Easter holidays.
HM Revenue and Customs is reminding working families to save money on their childcare costs in time for the school holidays. With the Easter break just two weeks away, families yet to sign up for Tax-Free Childcare could be missing out on annual savings of up to £2,000 per child, or £4,000 if their child is disabled.
HMRC said it takes just 20 minutes to apply online for a Tax-Free Childcare account and can be used to help pay for a child’s nursery, childminder, breakfast or after school club or holiday activity club. Myrtle Lloyd, HMRC’s Director General for Customer Services, said: “Springtime is a good opportunity to take a fresh look at family finances. A quick check online and you can find out how Tax-Free Childcare can help cut the cost of your childcare bills. Every bit of financial support helps.”
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