Tax-Free Childcare: Parents only using half of accounts

The Government has published its latest statistics for Tax-Free Childcare showing that half of all open accounts are not even used. There was a dip in numbers of people using TFC in June but otherwise more people are using the support than previously. However, only 50% of open accounts were used in April which means… Continue reading Tax-Free Childcare: Parents only using half of accounts

TAX FREE CHILDCARE: Less than half of eligible families accessing support

HMRC have published the statistics on the usage of their Tax Free Childcare offer for the 2021/22 tax year. The Government scheme offers up to £2,000 a year per child towards childcare costs, including nursery provision. The latest statistics show that only around half of the estimated 1.3 million eligible families are accessing the support… Continue reading TAX FREE CHILDCARE: Less than half of eligible families accessing support