Childcare: Tax Allowances

(asked on 7th March 2024) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what steps they are taking to increase Government contributions to Tax-free Childcare Allowance.


Answered by
Baroness Vere of Norbiton Portrait
Baroness Vere of Norbiton
Parliamentary Secretary (HM Treasury)
This question was answered on 20th March 2024

Tax-Free Childcare provides financial support for working parents with their childcare costs. For every £8 parents pay into their childcare account, the Government adds £2 up to a maximum of £2,000 in top up per year for each child up to age 11 and up to £4,000 per disabled child until they’re 17.

The Government recognizes the importance of supporting parents with the costs of childcare and continues to support families with a range of other childcare offers, including the free hours offer, and support through Universal Credit childcare.

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