Tax-Free Childcare supports working families, including the self-employed, with childcare costs. If a working parent is earning at least the National Minimum Wage for 16 hours a week on average and under £100,000 per year, they could save up to £2,000 a year per child or £4,000 if their child is disabled.
All families have to do is pay into their Tax-Free Childcare account and for every £8 you pay into this account, the UK Government will pay in £2 to use to pay your provider.
You can get Tax-Free Childcare at the same time as 30 hours of free childcare if you’re eligible for both.