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Business
Zahra Khaliq & Sonia Sharma

Martin Lewis’ MSE team urges parents to check if they are eligible for £2,000 tax-free childcare

Martin Lewis' MoneySavingExpert team is urging parents to check if they are eligible to receive £2,000 worth of tax-free childcare.

Families could get a maximum Government top-up of £500 every three months to help with childcare bills. It means parents could receive a yearly maximum of £2,000 in childcare payments, or £4,000 if your child has a disability.

The way the scheme works is, for every 80p you put into your online tax-free childcare account, the Government will add 20p. For example, for every £8 paid in, families will get an automatic £2 top-up from the Government, bringing the total to £10.

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