MoneySavingExpert News
Childcare
Parents on Universal Credit with high childcare costs will soon be able to claim £100s more in support each month, as the Government is boosting the help available from Wednesday 28 June. In addition, some of those eligible will also be able to get one month's childcare paid for them upfront, instead of having to pay the full cost and getting it reimbursed later.
26 June 2023
Eligible parents of children as young as nine months in England are to be offered up to 30 hours of government-funded childcare each week. Meanwhile, parents who get universal credit will see the maximum amount they can claim for childcare costs raised. Both announcements form a package of new measures designed to help parents, revealed by the Chancellor in the Budget.
22 March 2023
The Chancellor Jeremy Hunt has today announced a range of new tax, benefits and energy measures in his Budget. But, as MoneySavingExpert.com founder Martin Lewis points out, income tax thresholds will remain frozen – meaning millions will be pulled into paying more tax through a process known as 'fiscal drag'. Below we round up the key announcements and you can also watch Martin's instant reaction.
17 March 2023
The Government's Childcare Vouchers scheme – which is operated through employers and allows you to pay for childcare from your pre-tax salary – is closing to new entrants on 5 April. But if you're not already enrolled and want to take advantage, you need to apply NOW to allow enough time for your application to go through payroll.
16 February 2018
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