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NEW GOVERNMENT CHILDCARE SCHEMES
Working parents can start applying for two new Government childcare schemes launching this year – Tax-Free Childcare which begins immediately and 30 hours free childcare which starts in September.
This means that working parents of children, aged under 4 on 31 August 2017, can now apply through the new digital childcare service for Tax-Free Childcare and receive a Government top-up of £2 for every £8 that they pay into their Tax-Free Childcare account. This will apply to children under 12 years old but parents of disabled children under 17 will also be able to apply for Tax-Free Childcare.
This new scheme is designed for working families, including the self-employed, in the UK.
For every £8 you pay in, the government will add an extra £2, up to £2,000 per child, or £4,000 per year for disabled children under 17 years old. The special account is then used to pay for childcare with an OFSTED registered nursery or childminder. In addition, parents of 2-3 year olds, who will be eligible for a 30 hours free childcare place in September 2017, can apply through the childcare service and start arranging a place with their childcare provider.
LB Group Chartered Accountants are a top 75 Firm in the UK of Accountants providing Audit, Tax and Advisory Services across a variety of industries.
With offices in London, Chelmsford, Colchester and Ipswich our partner led approach with fixed fee options provides a professional and proactive service to both business and personal clients.
Our mission is to be a leading financial and business services provider offering the upmost level of customer satisfaction to our entire client base. We will offer a forward thinking and proactive accountancy, tax and business service, providing practical solutions for our clients’ individual needs.
We will encourage a culture of professional and personal development amongst our people.
At LB Group, we are passionate and committed to providing excellent customer service for each and every client. Our organisation is built on strong relationships with our customers and business associates.
We have a central philosophy of core values. These values are how we believe our customers, employees, and business associates should be treated at all times. Click to find out more.
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