Childcare: Tax Allowances
Commons · Question 59188 · Tabled 11 Jun 2025 · Treasury · Official record
Answered 18 Jun 2025
Question
Asked by Gregory Stafford
To ask the Chancellor of the Exchequer, what assessment her Department has made of the effectiveness of the Tax-Free Childcare scheme in reducing childcare costs for working families.
Answer
Answered by Darren Jones, 18 Jun 2025
Tax-Free Childcare (TFC) has been designed with the specific policy aim of supporting parents to return to paid work or work more. 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 f...