The Chartered Institute of Payroll Professionals ……………………………………………………………Policy News Journal
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Tax-Free Childcare (TFC) trial underway TFC is currently being trialled with around 1,500 parents as part of the government's new childcare service portal. This service will also allow eligible parents to sign up for the 30 hours extended entitlement for three- and four- year-olds.
The CVPA is calling on HMRC to make the portal as user-friendly as possible who hope concrete results will be made available about the trial and that feedback is incorporated into the service before TFC is publicly launched.
Chief Secretary to the Treasury David Gauke MP has revealed that the government is planning to publish an updated impact assessment of TFC. The information came in response to a parliamentary question tabled by Yvonne Fovargue.
The existing impact assessment for TFC dates from 2014, before changes were made to the eligibility requirements. It shows that, on average, families will benefit by only £600 a year under TFC.
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Tax Free Childcare to be launched 28 April 2017 23 March 2017
A new government website has been launched which aims to provide information on the new and existing government childcare offers.
The childcare choices website has been designed for parents as a quick and simple way of seeing which schemes could provide support for their families.
Tax-Free Childcare is amongst the offerings detailed on the website and will be introduced on 28 April with a gradual rollout over 2017, with parents of children under two invited to enter the scheme first.
Parents can also pre-register for email alerts that will notify them when they can apply for Tax-Free Childcare.
The website also includes the childcare calculator which will allow parents to compare the government’s childcare offers and check what works best for their families.
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Childcare Choices website launched 29 March 2017
Millions of parents can pre-register for the government’s new childcare offers, with the launch of a new Childcare Choices government website .
The introduction of the government’s Tax-Free Childcare scheme will begin on 28 April, for parents of the youngest children. It will be gradually rolled out over 2017 – cutting childcare costs for working families across the UK by up to £2,000 per child per year, or £4,000 for disabled children.
Geographical extent – the new Tax-Free Childcare scheme applies to all four nations of the UK.
From September 2017 parents of three and four year old children living in England will also be able to apply for a new 30 hours free childcare offer, worth around £5,000 per child.
The Childcare Choices website includes a Childcare Calculator for parents to compare all the government’s childcare offers and check what works best for their families.
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