Published on 19 June 2014
Tax-Free Childcare: consultation on childcare account provision
The LITRG agrees with the Government that the high cost and availability of childcare are two of the biggest challenges that parents can face and therefore welcome the new Tax-Free Childcare system’s attempt to reduce some of these difficulties. We do raise concerns however about the complexity of the scheme rules, how it interacts with other childcare support, the potential confusion for parents and those advising them and the cost to Government of operating the scheme.
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In response to this consultation, we believe that the option of using a single account provider has more benefits than multiple providers or the open market option.
Our response can be found
Document
.
Jane Booth