Use Tax-Free Childcare over the summer holidays

The Government is reminding ‘stressed out parents’ that help may be available for childcare costs during the summer holidays. According to a YouGov poll, 31% of parents feel stressed trying to arrange childcare for the school holidays.

The poll, for HMRC, also found that around 30% of parents worried about balancing their job and school holiday childcare. With 54% admitting they look forward to their children returning to school in September.

HMRC is reminding working parents with summer childcare costs, that they can use Tax-Free Childcare (TFC), which is worth up to £2,000 per child per year, to pay for regulated holiday clubs during the school holidays. Parents are advised that it is possible to pay into their account regularly and ‘save up’ their TFC allowance and use it for childcare during school holidays.

Internet link: GOV.UK news

Home Counties: 01525 222305

South West: 01305 265615

Home | Attribution | Contact us | Site map | Accessibility | Disclaimer | Help | powered by totalSOLUTION

Vatax Accounting LTD, 1st Floor Office Suite, 65 Moor End, Edlesborough, Dunstable, Bedfordshire LU6 2FL
Vatax Accounting LTD, 18 Marsden Street, Poundbury, Dorchester, Dorset DT1 3DH
Company No: 08390396. Registered in England. VAT Registration No. 173591783
© 2024 Vatax Accounting LTD. All rights reserved. We use cookies on this website, you can find more information about cookies here.