Nursery costs have risen so high that the £2,000 cap does not cover the cost of the tax on childcare costs, the Government should uncap this and make it fully tax free to help with the costs
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Uncap the tax free childcare amount to help towards the costs of childcare. Although it’s not much it would help towards struggling families with the cost of childcare. Nursery fees for under threes have far exceeded the £2,000 cap. For it to be classed as tax-free childcare, the Government should uncap this to make the scheme fully tax free.