Hello
The government has launched a further consultation on its tax-free childcare scheme.
While the main points of the scheme are agreed, there is an ongoing discussion about how the vouchers should work and be administered. Should they be looked after by National Savings & Investment, HMRC or by private voucher provider companies (who currently administer the workplace childcare voucher scheme).
In their own words:
'The consultation seeks views on options for the government to deliver Tax-Free Childcare itself, through National Savings and Investments (NS&I), or within HM Revenue and Customs (HMRC). This will mean all interested parties will have had an opportunity to comment on all of the options for account provision across public and private sectors. The government will consider responses to this consultation alongside the response to the previous consultation before it makes its final decision on the provision of childcare accounts.'
If you'd like to respond to the consultation, you can do so via this link before June 27, or do post on the thread below.
Thanks
MNHQ