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Childcare Payments Act 2014

17.12.14

The Childcare Payments Act received Royal Assent on 17 December 2014.

The Act introduces a scheme aimed at supporting working families financially and encouraging parents  to take up paid employment where they have been concerned about childcare costs.

It is a “top-up scheme” giving £2 extra for every £8 a person pays towards childcare. The scheme replaces other tax and National Insurance benefit schemes for childcare, such as childcare vouchers , workplace nurseries and other Employer Support Childcare.

You can read the full text of the Act, along with explanatory notes, can be found on the Legislation UK website.