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Tax Free Childcare!

Ten Facts You Might Not Know About Stamp Duty

From 28th April 2017, the government are starting their new tax-free childcare scheme which will allow eligible parents to open a tax-free childcare account.

For every £8 that the parent puts in, the government plan to top up an extra £2, up to a maximum of £2,000 per child per year (or up to £4,000 per year for children with disabilities).

The scheme will eventually be available to working parents with children aged under 12 (or under 17 for children with disabilities),but it’s being gradually rolled out during 2017, so parents with children under 2 years old will be first in line!

Please see the HMRC website for further information.