The revised scheme aims to provide the “hard pressed families” with extra money towards childcare costs in an effort to reduce the cost of living. The scheme is also extended to include all children under 12 to get benefit from scheme.
The coalition government has declared that from autumn 2015, parents will get the right to claim 20% on childcare costs for up to £10,000 per child – through Revenue and Customs – two-thirds higher than the original proposal to allow parents to claim up to £1,200 per child.
At the launch of the scheme, Mr Cameron has told: “Tax-free childcare is an important part of our long-term economic plan. It will help millions of hard-pressed families with their childcare costs and provide financial security for the future.”
Shadow children’s minister Lucy Powell has said: “David Cameron has cut support for children and families by 15 billion pounds since he came to office. And today he confirms that no help will arrive until after the election. This is too little, too late.”
While the Child Poverty Action Group have welcomed the expanded policy as its chief executive Alison Garnham has termed it as a “fantastic news” and something worth for the most disadvantaged children.
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