Childcare: Applications
Commons · Question 851 · Tabled 19 Jul 2024 · Treasury · Official record
Answered 29 Jul 2024
Question
Asked by Luke Charters
To ask the Chancellor of the Exchequer, what assessment her Department has made on the effectiveness of the system for applying for tax-free childcare.
Answer
Answered by Darren Jones, 29 Jul 2024
Tax-Free Childcare (TFC) provides financial support for eligible working parents in paying their childcare costs. For every £8 parents pay into their childcare account, the government adds £2. It takes around 20 minutes for an eligible customer to open an...