Childcare tax breaks planned
Plans to give tax breaks worth £1,200 per child to families where both parents work have come under fire for being unfair to stay-at-home mothers.
Govt: Childcare vouchers 'will help 2.5m families'
The Government has launched a consultation on plans to offer tax-free childcare vouchers to working parents from 2015. The plans include:
- A £1,200 limit per child each year
- Both parents would have to be working, each earning below £150,000 a year
- The Government says 2.5 million families would benefit from the scheme
Parents who do not work because they are carers will be eligible to claim childcare support worth up to £1,200 a year for each son or daughter under the plans.
And the scheme - announced in Chancellor George Osborne's Budget in March - will also be extended to those who are off work during maternity or paternity leave.
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