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Chronicle Live
Chronicle Live
National
Harvey Jones & Aaron Morris

UK families miss out on £2,000 free cash a year by 'grossly underused' tax perk

With an ever-rising cost of living crisis hitting UK households, many families are missing opportunities of free support from the Government - worth up to £2,000 a year per child.

Households with disabled children could also get even more financial assistance, with the Tax-Free Childcare scheme. However, many will get nothing as they do not claim on the aid, with experts now urging families to check their eligibility status.

The scheme itself pays money towards the cost of childminders, nurseries, nannies, play schemes and after school clubs. In May alone, it allowed 395,000 families with 472,000 children to go to work without seeing wages consumed by childcare costs, amounting to a total of £43.8million.

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