This website uses cookies to ensure you get the best experience. Please read our policies for more information.

10 Chartered Accountants

News

Government extends childcare funding for families affected by the pandemic
07 August 2020

The Government has extended childcare funding for families affected by the Coronavirus outbreak.

Parents or carers who are usually eligible for Tax-Free Childcare or 30 Hours Free Childcare but whose income has fallen temporarily below the minimum income requirement as a consequence of Coronavirus will continue to receive support until 31 October 2020.

Meanwhile, critical workers whose incomes increased above the income threshold for the 2020-21 tax year as a result of working more hours to tackle the pandemic will continue to receive support for the duration of the current tax year.

Tax-Free Childcare offers parents and carers a Government top-up with £2 for every £8 paid into a child’s account up to a maximum of £2,000 per child, or £4,000 per disabled child, in financial support. The funds can be used to pay for qualifying childcare for children up to the age of 11, or 17 for disabled children.

The 30 Hours Free Childcare scheme is provided by the Department for Education (DfE) for eligible three and four-year-olds in England and benefited nearly 350,000 children in January 2020.

Parents must reconfirm their eligibility for the two schemes every three months to continue receiving support.

Other recent news

The clock is ticking down to payrolling Benefits in Kind: What employers need to know
19 January 2026

From April 2027, all UK employers will be required to…
Read more

Cashflow crisis: Why SMEs continue to struggle
19 January 2026

Recent research from the Chartered Institute of Credit…
Read more

Employment Rights Act 2025 is here – How employers can prepare their payroll
19 January 2026

The Employment Rights Act 2025 has reached the end of…
Read more

MTD countdown underway – Landlords and sole traders have just months left to prepare
19 January 2026

The Making Tax Digital (MTD) for Income Tax countdown is…
Read more

What are the upcoming changes to EIS and VCTs?
19 January 2026

Enterprise Investment Scheme (EIS) and Venture Capital Trusts (VCTs) are…
Read more

»

Case Studies