Popular now
Affinia expands Midlands presence with Towcester acquisition

Affinia expands Midlands presence with Towcester acquisition

The Uncommon Practice appoints director to lead regional growth

The Uncommon Practice appoints director to lead regional growth

Talent shortages force accountancy firms to turn away clients

Talent shortages force accountancy firms to turn away clients

HMRC to help pay cost of children’s summer holiday activities

HMRC to help pay cost of children’s summer holiday activities

Register to get free articles

No spam Unsubscribe anytime

Want unlimited access? View Plans

Already have an account? Sign in

HMRC is reminding working families in the UK that they can use Tax-Free Childcare to help pay for their childcare costs ahead of the summer holidays.

The childcare top-up can be used to assist in paying for accredited holiday clubs, childminders or sports activities, and is available for children aged up to 11, or 17 if the child has a disability.

For every £8 deposited into an individual’s account, families will receive an additional £2 in government top-up, which is capped at £500 every three months

Myrtle Lloyd, HMRC’s director general for customer services, said: “We want to help kids stay active this summer, whether they are going to summer holiday clubs or a childminder.

“A childcare top-up will go a long way towards helping parents plan and pay for summer activities to keep their kids happy and healthy.”

Previous Post
How tax relief for RoCL can eclipse R&D tax credits

How tax relief for RoCL can eclipse R&D tax credits

Next Post
RSM advises TFM Networks on refinancing to ‘boost growth’

RSM advises TFM Networks on refinancing to ‘boost growth’

Secret Link