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The Exchequer Secretary to the Treasury visited a nursery and met parents to highlight the new Tax-Free Childcare scheme.
Exchequer Secretary to the Treasury Priti Patel today (Friday 5 September) visited Marsham Street Nursery in Westminster and met parents to discuss the benefits of the new Tax-Free Childcare scheme which will come into effect next autumn.
Worth up to £2,000 per child each year, Tax-Free Childcare will be available for up to 1.9 million working families.
Under the scheme which was announced at Budget 2013, the government will provide 20% of support on childcare costs up to £10,000 per year for each child via a new simple online system.
Want to find out more about Tax-Free Childcare? Here’s the top 10 things for parents to know.
The Exchequer Secretary Priti Patel discussed the scheme with parents during a visit to the nursery, explaining how the scheme will run and answering questions about how parents will benefit from the scheme.
Exchequer Secretary to the Treasury Priti Patel said:
Tax-Free Childcare will help working parents by giving them more choice and better access to the quality, affordable childcare they need.
We want to make the new scheme work in the way that is best for parents – it was great to meet some of them today and speak with them about how Tax-Free Childcare will run.
All working families where the parents earn at least £50 per week will have access to government support with childcare costs for children under 12, unless one of the parents earns over £150,000 or receives support from tax credits, Universal Credit or Employer Supported Childcare.