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Does anyone understand when the ‘period’ runs for the 500 tax free childcare?

9 replies

Havett · 16/05/2024 15:46

I don’t understand when it runs from. It says I have 22 pounds left contribution but I don’t know when it refreshes for the next 500?

OP posts:
Stressedoutforever · 16/05/2024 16:09

Whenever you next reconfirm

TwinklyTraybake · 16/05/2024 16:11

It’s the 3 months from reconfirming.

Havett · 16/05/2024 18:32

@Stressedoutforever @TwinklyTraybake i reconfirmed last week and it says I have 28 pounds left though? I’ve not used it since reconfirming as the bill is due again in two weeks

OP posts:
Cheepcheepcheep · 16/05/2024 18:35

It’s every three months but everyone’s is different. I work on the basis that month 1 is a good month, month 2 is a bit ouch and month 3 is hell!

Lila878 · 16/05/2024 18:37

I’ve been having the same problem!
its annoying because nursery fees are not exactly the same date, so sometimes I have to pay nursery before the 500 kicks in!
I wish it could just be the same every month lol

Havett · 16/05/2024 18:37

Oh ok so it’s likely it won’t show the extra until after next month is paid… that’s very stressful!

OP posts:
WittyFatball · 16/05/2024 18:59

Is it 3 months from the first payment?

Bearbookagainandagain · 16/05/2024 19:12

Havett · 16/05/2024 18:32

@Stressedoutforever @TwinklyTraybake i reconfirmed last week and it says I have 28 pounds left though? I’ve not used it since reconfirming as the bill is due again in two weeks

I think the window to reconfirm opens a few weeks before the new "cycle" starts (it lasts 2 weeks so it's at least that).
I do find it confusing too because it's not on fixed dates.

wtftodo · 16/05/2024 21:47

It's either the date reconfirmation opens, or the last date you can reconfirm. Sorry I can't remember which, but I did once speak to a very nice helpful person on the helpline who managed to explain it all to me!

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