Tax-Free Childcare:
A Comprehensive Guide
Consider Tax-Free Childcare as a valuable avenue to cut down on your family’s childcare expenses. We acknowledge that delving into the intricacies of this process can be a bit daunting. Allow us to guide you through the details of Tax-Free Childcare, unravelling the complexities and providing clear insights to help you navigate this beneficial option for managing childcare costs effectively.
Tax-Free Childcare is a government initiative aiming to alleviate childcare costs for working parents. To participate, you create an online account on the government’s website, GOV.UK, and contribute funds that are matched by the government with an additional 20%, mirroring the typical tax rate. This scheme provides support of up to £2,000 per child (or £4,000 for disabled children) annually, up to a total childcare cost of £10,000.
Eligible individuals can apply for all their children simultaneously, including adopted children, as long as they are under 12 (or 17 for children with disabilities). Eligibility is contingent on factors such as employment status, income, child’s age and circumstances, and immigration status. It’s crucial to assess if Tax-Free Childcare is the most suitable option, especially if already receiving Working Tax Credit, Child Tax Credit, Universal Credit, or childcare vouchers.
The application process takes about 20 minutes, requiring details like National Insurance numbers and, if self-employed, the Unique Taxpayer Reference (UTR).
After approval, payments to the childcare provider can be made tax-free through the government account. Logging in and ensuring “cleared funds” will enable secure and timely payments, reflecting in the childcare provider’s account within 24 hours, contingent on their bank’s processing time.
Sayna Blackshaw08/02/2022I can’t recommend Goslings enough. It’s a small, family-like setting which enables the children to develop really strong relationships with each other and their teachers. The staff are energetic, creative, and loving. Activities are varied so no two days are the same. We love it here, our son has absolutely thrived.
Joel Attar01/02/2022Wonderful nursery with an incredible team! The staff are so involved, professional and warm - they have created a great little nursery here. The garden was redone in 2021 and it's a lovely bit of outdoors for the kids to enjoy too. Our kids really enjoy the friendly faces and constantly-changing activities.
Barry Connolly28/01/2022We've had over three years experience of Gosling's with two kids and it's been nothing but positive. The thing that jumps out from day one is the sheer love and care from all of the staff in the nursery. For us this has always been the most important factor - sending your kids into a place where you know they're well looked after and loved.
Helen Orton28/01/2022A wonderful friendly nursery
Matthew Folley28/01/2022We have entrusted Goslings with both of our kids and they have been wonderful, highly recommended!
Naomi Nathan27/01/2022My son has been attending Goslings for two years and we couldn’t be happier with the care he is given. It’s clear the children are stimulated and have loads of fun. I highly recommend them!
Charlotte Smith27/01/2022We've been so happy with Goslings Nursery. The staff are caring and warm. The activities the children do day to day are varied and developmental.
Juliette ESPAGNO27/01/2022I'm Milo's grand-mother, living in France, and I'm very happy to see photos and videos of my Milo during his plentiful and diverse activities! Thanks for that!
K Fish27/01/2022Everyone who works here is so lovely and dedicated. They mix up activities on a daily basis and give lots of updates so you always feel connected to your child’s life at daycare. Our daughter loves it and we are really grateful to be party of the Goslings community.
Our App
