HMRC reminds working parents they can receive help with Easter childcare costs

30 Mar 2022

HMRC has reminded working parents that they are able to receive help with the costs of childcare this Easter.

The tax authority advised parents to not miss out on the opportunity to get up to £2,000 a year to pay for regulated childcare, including holiday clubs and out-of-school activities.

The government's Tax-Free Childcare (TFC) scheme provides thousands of eligible working families with up to £500 every three months (or £1,000 if their child is disabled) towards the cost of holiday clubs, before and after-school clubs, childminders and nurseries and other approved childcare schemes.

Families will receive an additional £2 in government top-up for every £8 deposited into a TFC online account. TFC is available for children aged up to 11, or 17 if the child has a disability.

Helen Whately, Exchequer Secretary to the Treasury, said: 'There are lots of brilliant holiday clubs and childcare providers to help working parents during the Easter holidays, and TFC is a great offer that can help cut the childcare bills.'

More information on TFC can be found here.

About us

Higgisons was formed by John Higgison in Oxford Street in 1965 and was originally part of the Accountancy Tuition Centre until James McHale became managing partner and the firm moved to its City Road premises in 1982.

We like to become involved at the planning stage of the formation of a business venture to ensure that it is structured as flexibly and efficiently as possible so that it can cope with changes in legislation or personal circumstances.

Higgisons Chartered Accountants
Higgison House
381-383 City Road
London
EC1V 1NW


© 2024 Higgisons Chartered Accountants. All rights reserved. We use cookies on this website, you can find more information about cookies here.