Skip to content

Tag: <span>Childcare</span>

Hidden Pension Benefits for Grandparents and Relatives

Unlock an extra £3,600 in State Pension Did you know grandparents, aunts, uncles and other family members can claim extra National Insurance (NI) credits for helping care for children? These credits can add up to £3,600 per year on your state pension! Who qualifies? Parents who don’t live with the…

Read more →

Childcare Boost for Families

Parents of toddlers could save up to £6,500 a Year! Good news, parents! Starting in April 2024, more families can save on nursery fees with the Government’s expanded free childcare scheme. Here’s the main points: Who benefits? Families with two-year-olds, earning between £8,670 and £100,000 per year. That’s 285,000 families eligible! How much…

Read more →

Tax-Free Childcare Costs

HM Revenue and Customs (HMRC) is reminding working families to give their childcare budget a boost by opening a Tax-Free Childcare account. Parents can use Tax-Free Childcare to help with childcare costs for school holiday clubs, breakfast or after school clubs, childminders or nurseries. You can get up to £500 every 3…

Read more →

Tax Update – September 2022

Back to School – Childcare Vouchers or Tax-Free Childcare Account? Read more on our recent Blog Post, CLICK HERE>>> Tax-Free Help Paying for Childcare Self-employed Need to Plan for BIG Tax Bills in 2023/24 The changes to the basis of assessment of self-employed profits are scheduled to change from 6…

Read more →

Tax Update – July 2022

In this month’s ‘Tax Update’ there’s information about Childcare Accounts, SEISS Grant Penalties and Tax Returns, Making Tax Digital and Research & Development.

Read more →

Missing Out on Help with Childcare Costs?

The Government is concerned about the lack of take up of tax-free childcare accounts, with HMRC estimating that only about 25% of families eligible for the scheme have joined.  With many parents returning to work following the pandemic, they should be encouraged to set up a tax-free childcare account to…

Read more →