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Tax Free Childcare Account

2 replies

LatteLover12 · 11/07/2020 17:54

I've posted this in the money section too but I know chat gets more traffic...

I've just seen some information on the ML MSE website about the govt 'topping up' payments into a childcare account by 20%

This has apparently replaced the old childcare voucher scheme.

Does anyone use this? Is it worth it?

Currently 7 months pregnant so no urgent need for childcare yet but I'd like to find out more.

OP posts:
bosies · 11/07/2020 17:59

Yes definitely worth it, you get up to £2k a year from the government. And super easy too - you add money to your account, you get the 20% top up and then you pay your childcare bill from the account.

LatteLover12 · 11/07/2020 18:05

Thank you!

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