HMRC tells families they could be missing out on up to £4,000 extra a year

manchestereveningnews.co.uk:

HM Revenue and Customs (HMRC) has issued a money-saving message for parents ahead of the Easter holidays. The government department is urging eligible families to sign up for Tax-Free Childcare which could earn them up to £2,000 in savings per child each year.

Some parents could even get up to £4,000 if their child is disabled. The scheme is available for children aged 11 or under (16 and under if the child has a disability) and helps pay for 'approved' childcare.

Parents can get up to £500, or £1,000 if a child is a disabled, every three months with HMRC statins every £8 paid into an account will receive a top-up of £2 from the government. Read more: New HMRC Child Benefit rates for April as rule change means thousands more parents eligible Myrtle Lloyd, HMRC’s Director General for Customer Services, said: "Springtime is a good opportunity to take a fresh look at family finances.

A quick check online and you can find out how Tax-Free Childcare can help cut the cost of your childcare bills. "Every bit of financial support helps – I would urge families to ’hop to it’ and search ‘Tax-Free Childcare’ on GOV.UK to find out how you could be better off and open your account today." Parents can open an account for Tax-Free Childcare online.