Ethical financial and employment services

Childcare subsidy for working parents to be increased

The BBC reports that as many as 1.9 million working families will get the chance to benefit from a childcare subsidy worth up to £2,000 per child under government plans. The online scheme, affecting children up to the age of 12, will come in from September next year. At the moment, employees of participating companies can reduce their childcare costs through a tax-free voucher scheme. But only about 5% of UK employers and
450,000 families are signed up to it. Ministers say the new scheme – which will come into force after the 2015 general election – will mean twice as many parents are eligible for support, including the self-employed. For more information, read the following website  http://www.bbc.co.uk/news/uk-politics-26618139

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