Parents can claim free £500 top-up to help with childcare costs during the summer holidays
dailyrecord.co.ukNew data published by HM Revenue and Customs (HMRC) shows that approximately 740,000 families used Tax-Free Childcare for 966,000 children during the 2023/24 financial year, including 44,100 households in Scotland.
With just a few weeks left to go before the start of the school holidays, families can easily sign up for Tax-Free Childcare and reap the rewards of annual savings of up to £2,000 per child, or £4,000 if their child is disabled.
Tax-Free Childcare can help pay for approved childcare for children aged 11 or under, or up to 16 if the child has a disability.
Parents can receive up to £500 (or £1,000 if their child is disabled) every three months, which means for every £8 paid into their online account, they will automatically receive an additional £2 top up from the UK Government.
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