HMRC urges working families not to miss out on £500 tax-free boost every three months
dailyrecord.co.ukHM Revenue and Customs (HMRC) is reminding working parents in Scotland not to miss out on the chance to get up to £2,000 a year to pay for regulated childcare, including holiday clubs and other out-of-school activities, during the Easter holidays.
Tax-Free Childcare 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.
For every £8 deposited into a Tax-Free Childcare online account, families will receive an additional £2 in UK Government top-up, and it is available for children aged up to 11, or 17 if the child has a disability.
More than 19,800 working families in Scotland used the scheme in December 2021.Overall, HMRC paid out more than £34 million in top-up payments, which was shared between nearly 328,000 families across the UK.
Read more on dailyrecord.co.uk
