HM Revenue and Customs (HMRC) has urged parents who are in work to avoid missing out on as much as £2,000 per year to help with childcare costs.
With the school term coming to an end, families struggling financially amid the cost of living crisis can use the money to help pay for holiday clubs and out-of-school activities over the summer.
Tax-Free Childcare gives eligible households as much as £500 every three-month period — or £1,000 if their child has a disability — to put towards approved childcare schemes.
