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Families urged to act quickly to save up to £4,000
HMRC is encouraging working parents to open a Tax-Free Childcare account to save on their childcare costs ahead of the Easter holidays
This government-funded initiative offers a top-up for working parents, which can be used towards approved childcare for children aged 11 or under, or up to 16 if the child has a disability. Now HMRC is urging working parents to take advantage of the scheme ahead of the Easter holidays in order to save money. In December, UK parents received a total of £49.7 million in government funds to help with their childcare bills.
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