The Childcare Voucher Scheme has now finally closed to new entrants as of the 4th October 2018
It is replaced with the Tax-Free Childcare scheme.
The scheme is open to employees and the self-employed and is not offered or run through the workplace so there is no employer involvement required.
This new scheme allows for parents to save up to £2,000 per year (£4,000 for disabled children), tax-free, to pay towards childcare by paying into an online ‘Childcare Choices’ account which the government will also contribute into.
If an individual is receiving childcare vouchers, they will not be able to apply for the tax-free childcare scheme as the schemes can’t be run in conjunction with each other.
Further information visit the Childcare Choices website.
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