The government has introduced a tax incentive for Tax-Free Childcare. Under the scheme, the tax relief available is 20% of the costs of childcare up to a total of childcare costs of £10,000 per child per year.
In this fact sheet “Tax-Free Childcare” read more about:-
- Do you qualify for "Tax-Free Childcare”
- How to register and set up and online account
- What about if you are self-employed?
If you would like to discuss Tax-Free Childcare, please do get in touch with the team at DRG Chartered Accountants.
Other useful fact sheets
Child Benefit Charge
Update on Employee Support Childcare (Scheme closed to new members from 4th October 2021)
DISCLAIMER: This information is for guidance only, and professional advice should be obtained before acting on any information contained herein. We will not accept any responsibility for loss to any person as a result of action taken or refrained from in consequence of the contents of this publication.