New tax-free scheme aims to help working parents with the cost of childcare. The new scheme will replace the current system of employer-supported childcare (ESC) which is offered by less than 5% of employers and used by around 450,000 families. All eligible parents will be able to join the scheme by the end of 2017.<\/p>\n
Plans for the introduction of a
\nnew scheme called ‘tax-free childcare’ were initially announced way back in the
\n2013 Budget. The original proposals have since been amended and the scheme is
\nnow set to be implemented during 2017. Broadly, the new scheme, which aims to
\nhelp working parents with the cost of childcare, will replace the current
\nsystem of employer-supported childcare (ESC) which is offered by less than 5%
\nof employers and used by around 450,000 families.<\/p>\n
Parents For the purposes of tax-free HMRC will consider the employment The scheme will be available for To qualify, parents will have to Tax-Free Childcare will be Parents will be able to apply for New tax-free scheme aims to help working parents with the cost of childcare. The new scheme will replace the current system of employer-supported childcare (ESC) which is offered by less than 5% of employers and used by around 450,000 families. All eligible parents will be able to join the scheme by the end of 2017. […]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[29,28],"acf":[],"yoast_head":"\n
\nwill be able to open an online voucher account with a voucher provider and have
\ntheir payments topped up by the government. For every 80 pence that families pay in,
\nthe government will put in 20 pence<\/strong>, up to the annual limit on
\ncosts for each child of \u00a32,000 (\u00a34,000 for disabled children). Parents will
\nthen be able to use the vouchers for any Ofsted-regulated childcare in England
\nand the equivalent bodies in Wales, Scotland and Northern Ireland.<\/p>\n
\nchildcare, a ‘parent’ is defined as an individual who has responsibility for a
\nchild, and the child’s primary residence must also be with the parent. This
\nwill ensure that adoptive parents, extended family members, and others who have
\ntaken on primary responsibility for raising a child, and who reside with the
\nchild, can also receive tax-free childcare. Lone parents will be eligible for
\nthe new scheme, provided they meet the criteria.<\/p>\n
\nstatus of each member of a couple who live together as a household, including
\nwhere one of the couple does not have responsibility for the child. Both
\nparents must be in employment. Those families where only one parent in a couple
\nis in employment, or where a lone parent is not in employment, will not be
\neligible for support.<\/p>\n
\nchildren up to the age of 12, or 17 for children with disabilities.<\/p>\n
\nbe in work, and each expecting to earn at least \u00a3115 a week. Each parent must
\nnot have income over \u00a3100,000 per year.<\/p>\n
\nlaunched from early 2017. The scheme will be rolled out gradually to families,
\nwith parents of the youngest children able to apply first.<\/p>\n
\nall their children at the same time, when their youngest child becomes
\neligible. All eligible parents will be able to join the scheme by the end of
\n2017.<\/p>\n","protected":false},"excerpt":{"rendered":"