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Tax-Free Childcare

Experts from HM Revenue and Customs (HMRC) outline the financial help available for parents.

The new financial year is often an opportunity to get organised for the year ahead. For self-employed parents juggling the demands of running a business with caring for their family, it could also be a good time to review the family planner and take a fresh look at the household budget to ensure they’re getting all the support they’re entitled to.

What help is available for self-employed parents?

There are a number of schemes available that could be worth thousands of pounds a year including Tax-Free Childcare, free childcare hours, Universal Credit, tax credits and Child Benefit.

What is Tax-Free Childcare?

Tax-Free Childcare is a government funded top-up scheme for working parents, including the self-employed.

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