Are your children’s vaccines up to date?

Set a reminder

Please or to access all these features

Parenting

For free parenting resources please check out the Early Years Alliance's Family Corner.

How do I use the tax free childcare account?

3 replies

Alicia870 · 06/07/2019 10:40

I might be being really dim here but I'm just a bit confused about how this works. Just got the notice that I'm eligible for tax free childcare. I've gone into the site and selected my child care provider. It's giving me the option to pay money in to my daughters a account. How does this work then?

Say for example I put in 100 pound to her account, do they add more in?
And when I put the money into her account, do I just transfer it over to my child care provider on that site? Sorry this might be really obvious but it's really confusing me!

OP posts:
Are your children’s vaccines up to date?
Lazypuppy · 06/07/2019 10:59

If your bill is £100 you put in £80 and theybout in £20.

You then pay your childcare provider

It can take up to 2 or 3 days for each step so leave plenty of time

Newyearsameoldshit · 07/07/2019 11:25

Exactly that - you pay your money in, the government tops it up, you transfer to your childcare provider.
My top up normally shows up straight away, but they say it can all take 2-3 days to clear.

Gemzee · 08/07/2019 18:31

If you paid in £100 the gov would put in £25 (it's £2 for every £8 you pay in - not 20%). So I just divide the figure I want to pay in by 8 and multiply by 2 and that gives me the amount they will put in.

Eg 100÷8 = 12.5 then x 2 = 25
Took me a while to get my head around it as well!

Then you just make a payment to your childcare provider using that site (the gov one).
Hope that makes sense!

New posts on this thread. Refresh page
Please create an account

To comment on this thread you need to create a Mumsnet account.

This thread is closed and is no longer accepting replies. Click here to start a new thread.