I know there was a thread about it here a few weeks ago, but now a bit more detail is available:
parents to get 20% of childcare cost back
Now, I can't help but see it as a bit of a con. First of all, annoyed by how they sell it - our childcare bill is closer to 10-12k, so £1200 per year is NOT 20%.
Also, at the moment, both me and DP get the full amount available in childcare vouchers, which they will abolish. I get £243 per month, DP gets £220, and I am a higher tax payer.
Surely we will not be better off with this great new deal they have come up with?
Also, this will only be available to families where both parents work, current childcare voucher scheme is not restricted this way.
Am I missing something here, or are they about to screw people over again whilst dressing it as a positive move??