Half a Million Families Slash Childcare Bills with Tax-Free Childcare
Over 570,000 families saved an average of £100 on childcare last June thanks to the Government’s Tax-Free Childcare scheme. With the spooky school holidays just around the corner, working parents are being urged to sign up now and cut those scary childcare costs.
Tax-Free Childcare: How It Boosts Your Budget
For every £8 you pay into your child’s Tax-Free Childcare account, the Government adds £2. That means you can get up to £2,000 a year per child under 11. Disabled kids up to 16 can qualify for as much as £4,000 a year. In June alone, HMRC pumped a whopping £57.7 million into these accounts, making a real difference to family finances.
“Hallowe’en doesn’t need to be a tricky time for childcare bills,” said Myrtle Lloyd, HMRC’s Chief Customer Officer. “Whether you’re paying for holiday clubs or term-time care, Tax-Free Childcare helps keep costs down. Head to GOV.UK to start saving today.”
Who Can Claim and How to Grab Your Savings
- Your child is aged 11 or under (or disabled up to 16).
- Both parents (if applicable) earn at least the National Minimum or Living Wage for 16 hours a week.
- Neither parent earns more than £100,000 per year.
- You don’t claim Universal Credit or receive childcare vouchers.
You can spend your savings on nurseries, after-school clubs, holiday schemes, and other approved childcare services. Add, withdraw, or save funds anytime – it’s flexible and easy.
Haven’t signed up yet? Now’s the time. Beat the half-term rush and bag your savings! Visit GOV.UK to check eligibility and get started with Tax-Free Childcare.
Government Pumps £57.7 Million into Childcare Savings in June
In June 2025, the Government splashed £57.7 million topping up Tax-Free Childcare accounts. That’s a tidy £100+ boost for each family – perfect timing as rising bills pinch many parents.
Whether it’s nursery fees, after-school clubs, or holiday childcare, every penny counts. Don’t let childcare costs haunt your wallet this half-term—sign up now and keep your cash safe from scary bills.
