Budget (2): Tax Free Childcare

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One significant change that I missed in the statement (or perhaps was not actually voiced), was an increase to the amount of state support for families with disabled children.

The supporting document states:

“The government has doubled the maximum amount that parents of disabled children will be able to receive to help to pay for their childcare costs, from £2,000 to £4,000 per disabled child per year.”

This is a significant, and most would agree, welcome move.

It will be interesting to see if the Tax Free Childcare rules are further relaxed for such family groupings, to allow two parent families with only one earner to also claim this important support.

Best regards

Steve

Wellbeing at WorkInternationalProtection/RiskWorkplace Pensions and SavingsWorkplace Benefits Platform

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About the author

Steve Herbert is an award-winning thought leader on Pensions and Employee Benefit issues. His principal aim is better communicating the value and usage of employee benefits to employers. This he has achieved through many (highly successful) seminar series over the last decade, and his regular and widely read blog posts on the subject.
He also acts as a judge in HR and Employee Benefits industry awards, article writer, and product innovator. Steve is a regular contributor to DWP forums and compulsive responder to formal Government Consultations on pension and employee benefit issues. He is occasionally accused of making employee benefits interesting.