Maria Miller, MP for Basingstoke has today welcomed the landmark announcement to introduce tax-free childcare which, when fully implemented, will be worth up to £1,200 every year, for each child under age 12 and could benefit 2.5 million families.
From Autumn 2015, the Government will meet 20 per cent of childcare costs for working families and so will save a typical working family with two children under 12 up to £2,400 a year.
From the first year of operation, all children under 5 will be eligible, initially opening the scheme to 1.3 million families, and the scheme will build up over time to include children under 12.
Maria said “This is a landmark announcement for parents in Basingstoke which will deliver very much needed support with the cost of childcare, helping families make ends meet, and support parents back into work.
Too many families find paying for childcare tough and are often stopped from working the hours they'd like. That is why we are introducing tax free childcare, saving a typical family with two children up to £2,400 a year.
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For more information please contact Maria Miller MP 02072195749.