More than 570,000 families saved an average of £100 on childcare last June thanks to the Government’s Tax-Free Childcare scheme. With spooky school holidays looming, working parents are being urged to sign up now and slash those scary childcare bills.
How Tax-Free Childcare Can Boost Your Budget
For every £8 you pay into your child’s Tax-Free Childcare account, the Government tops it up with £2. That adds up to a massive £2,000 a year per child under 11. Disabled children up to 16 can qualify for up to £4,000 annually. In June alone, HMRC pumped £57.7 million into these accounts—making a real difference for families.
“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 Qualifies and How to Grab Your Savings
- You’ve got a child 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 weekly.
- Neither parent earns over £100,000 a year.
- You don’t claim Universal Credit or receive childcare vouchers.
Use your savings on nurseries, after-school clubs, holiday schemes, and other approved childcare. Funds can be added, withdrawn, or saved anytime.
If you haven’t signed up yet, now’s the moment—beat the half-term rush and bag your savings. Visit GOV.UK to check your eligibility and get started with Tax-Free Childcare.
Government Pumps £57.7 Million Into Childcare Savings
In June 2025, the Government splashed out £57.7 million topping up Tax-Free Childcare accounts. That’s an average boost of over £100 per family. Perfect timing as many parents feel the pinch with rising bills.
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 money safe from nightmares.
