Update on Tax-Free Childcare
The government have confirmed that Tax-Free Childcare will be introduced in phases throughout 2017. During this period Childcare Vouchers will remain open to new entrants until April 2018.
The latest information indicates Childcare Vouchers will continue for existing scheme members after April 2018.
We will advise you as and when more information is available on the roll out of Tax-Free Childcare.
From the Budget Statement:
From early 2017, the government is introducing Tax-Free Childcare to help working
parents with the cost of childcare, ensuring more parents who want to can go out to work
or increase the number of hours they work. Tax-Free Childcare will be rolled out in such
a way that allows the youngest children to enter the scheme first, with all eligible
parents brought in by the end of 2017. The existing scheme Employer-Supported
Childcare will remain open to new entrants until April 2018 to support the transition
between the schemes. This will sit alongside doubling the free childcare entitlement
from 15 hours to 30
To find out more there is a guide that can be downloaded HERE