Tax-free childcare scheme (April 2017)
Date: Wednesday 24 May 2017
In terms of employment law, definition can be quite loose. So whilst this mainly affects parents rather than employers, it is a key change for ,many self-employed parents.
The tax-free childcare scheme is a new government initiative, designed to help working parents (including the self-employed) manage the cost of childcare. ,Briefly, for every £,8 a parent pays in to their online account, the government will pay in an extra £,2. Parents will be able to get up to £,2,000 a year for each child under the age of 12, and £,4,000 for disabled children aged under 17.
You&rsquo,ll need to be in work and expecting to earn £,120 minimum a week, and each parent can&rsquo,t be earning more than £,100,000 a year. Read Gov.uk&rsquo,s ,article for more information on who&rsquo,s eligible and how to benefit.
In this section
Membership of IAAF brings about some excellent networking opportunities and we work closely with the association to ensure the work it does is known throughout the supply chain
Steve Dunn
Exol Lubricants