Tax Free Childcare Tax-Free Childcare will be available to around 2 million households to help with the cost of childcare, enabling more parents to go out to work, if they want to, to provide greater security for their families. Ten things to know about the scheme: 1. You’ll be able to open an online account Tax-Free Childcare will be launched from early 2017. The scheme will be rolled out gradually to families, with parents of the youngest children able to apply first. You will be able to apply for all your children at the same time, when your youngest child becomes eligible. All eligible parents will be able to join the scheme by the end of 2017. 2. For every 80p you or someone else pays in, the government will top up an extra 20p. The government will top up the account with 20% of childcare costs up to a total of £10,000 - the equivalent of up to £2,000 support per child per year. 3. The scheme will be available for children up to the age of 12 4. To qualify, parents will have to be in work, and each earning at least £115 a week and not more than £100,000 each per year 5. Any eligible working family can use the Tax-Free Childcare scheme - it does not rely on employers offering it 6. The scheme will be available for parents who are self-employed, parents on paid sick leave, paid and unpaid statutory maternity, paternity and adoption leave. 7. If you currently receive Employer-Supported Childcare then you can continue to do so and the current scheme will remain open to new entrants until April 2018. Parents already registered by this date will be able to continue using it for as long as their employer offers it. 8. Parents, employers and other family members can pay money into their childcare account as and when they like 9. The process will be as simple as possible for parents, with a simple log-in service where parents can view accounts for all of their children at once. 10. Withdrawals from the childcare account are permitted. For more information about the scheme visit: http://www.gov.uk The Government has announced it intends to extend the free early leaning and childcare entitlement for eligible 3 and 4 year olds from 15 hours to 30 hours per week from September 2017. We are delighted to announce that we will be offering 30 hours funding soon. We are waiting for the Local Authority to provide further information about the implementation of the scheme, and we will inform parents as soon as more information is available.
Parenting Matters Spring 17 HIGH RES
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