Tax Free ChildcarePMC Partnership
Tax free Childcare replaces the current childcare vouchers from April 2018. Anyone using the current scheme will continue to do so but the scheme will close for new applicants. Now people will have to apply for tax free childcare at www.hmrc.gov.uk and if successful the government will add 20p to every 80p spent on childcare to a maximum of £500 per quarter (£2,500 maximum quarterly spend). Remember you will have to reapply every quarter to continue to receive the new tax free childcare.