Latest news with #MyrtleLloyd
Western Telegraph
3 days ago
- Business
- Western Telegraph
HMRC offering up to £4,000 free to households with children
Tax-Free Childcare means working families can save up to £2,000 annually for each child up to the age of 11, and £4,000 for a disabled child up to the age of 16, when they're paying for their childcare. There are now 75,000 childcare settings accepting Tax-Free Childcare as payment including nurseries, registered childminders, holiday activity clubs and, for when school starts back in September, before and after school clubs. Are you missing out on childcare savings? 👋 Sign up for Tax-Free Childcare scheme and save up to £2,000 a year per child on approved childcare costs, including wraparound childcare. 💸 Find out more. 👇 — HM Revenue & Customs (@HMRCgovuk) August 3, 2025 Myrtle Lloyd, HMRC's Chief Customer Officer, says: 'Whether your child is interested in football, climbing, crafting or dance, there's a huge variety of childcare settings accepting Tax-Free Childcare. Children can learn something new and have fun with their friends while their parents save on their childcare bills. Visit to sign up today.' Families yet to sign up for Tax-Free Childcare can do it now to pay for their summer activities or start paying into it ready for breakfast and after-school clubs when the new term starts. Once families have opened a Tax-Free Childcare account, they can deposit money and use it straight away or keep it in the account to use it whenever it's needed. Any unused payments can be withdrawn at any time. For every £8 deposited in a Tax-Free Childcare account, the government tops it up by £2, which means parents can receive up to £500 (or £1,000 if their child is disabled) every 3 months towards their childcare costs. Who is eligible to apply for HMRC Tax-Free Childcare? Families could be eligible for Tax-Free Childcare if they: Have a child or children aged 11 or under. They stop being eligible on 1 September after their 11th birthday. If their child has a disability, they receive up to £4,000 a year until 1 September after their 16th birthday The parent and their partner (if they have one) earn, or expect to earn, at least the National Minimum Wage or Living Wage for 16 hours a week, on average Each earn no more than £100,000 per annum Do not receive Universal Credit or childcare vouchers Visit to check eligibility and register for Tax-Free Childcare. Recommended reading Tax-Free Childcare can be used alongside the free childcare hours, subject to eligibility. Account holders must confirm their details are up to date every 3 months to continue receiving the government top-up. Childcare providers can also sign up for a childcare provider account via to receive payments from parents and carers via the scheme.
Western Telegraph
3 days ago
- Business
- Western Telegraph
HMRC issues urgent Child Benefit reminder by August 31
Last year, 870,000 parents extended their Child Benefit payments, getting a £1,354 a year boost. Parents of 16 to 19 year olds should have received a letter from HM Revenue and Customs (HMRC) to extend their Child Benefit claim if their child is staying in education or training, but if they do not apply for them to carry on, they will automatically stop on August 31 on or after their child's 16th birthday. Is your 16-19 year old planning to stay in education or training in September? Extend your Child Benefit claim now. Find out how 👇 — HMRC Press Office (@HMRCpressoffice) May 13, 2025 How much is Child Benefit? Child Benefit is currently worth £26.05 per week - or £1,354.60 a year - for the eldest or only child and £17.25 per week - or £897 a year - for each additional child. More than 870,000 parents extended their Child Benefit claim for their teen last year with the majority confirming online or via the HMRC app in minutes. Myrtle Lloyd, HMRC's Director General for Customer Services, says: "Child Benefit is an important boost to families. As soon as you know what your teenager is planning to do, extend your claim in minutes to guarantee your payments continue in September. Simply go to or the HMRC app to confirm today." Child Benefit can continue to be paid for young people who are studying full time in non-advanced education as well as unpaid approved training courses. Visit the HMRC Child Benefit website to check full eligibility. What about the High Income Child Benefit Charge? If either the claimant or their partner has an individual income of between £60,000 and £80,000, the higher earner will be subject to the High Income Child Benefit Charge. For families who fall into this category, the online Child Benefit tax calculator provides an estimate of how much benefit they will receive, and what the charge may be. From this summer, as part of the government's Plan for Change, families will have the option to use a new digital service to pay the charge directly through their PAYE tax code instead of filing a Self Assessment tax return. The new service will cut red tape for eligible employed parents who are liable to the High Income Child Benefit Charge but those who choose to pay the charge through their Self Assessment can continue to do so. Families who have previously opted out of Child Benefit payments can opt back in and restart their payments quickly and easily online or via the HMRC app. If you earn under 80k and haven't claimed Child Benefit yet, it could be financially worth your while. 💷 You or your partner can now earn up to £60k before you start paying the High Income Child Benefit Charge. Claim online or in the HMRC app. ⬇️ — HM Revenue & Customs (@HMRCgovuk) July 2, 2025 There's also an HMRC reminder for the Child Trust Fund - don't miss out Teenagers turning 16 can take control of their HMRC Child Trust Fund savings account, which could be worth thousands of pounds, and can withdraw the money once they turn 18. Child Trust Funds were set up for every child born between 1 September 2002 and 2 January 2011. If teenagers or their parents and guardians know who their Child Trust Fund provider is, they can contact them directly. If they don't know where their account is, they can use the free online tool on to find out who their Child Trust Fund provider is. Recommended reading: Will I get a letter from HMRC? 1.5 million letters have been sent to parents of 16 to 19 year olds reminding them to extend their Child Benefit claim for their teenager if they are staying in full time education or approved training. Eligible customers no longer need to wait for the letter to extend their claim. The service will be open online or in the HMRC app for all eligible customers. Customers can update their Child Benefit claim via the HMRC app and via Claimants who are unable to use online services can call or write to us using the contact details in their renewal letter. Can I claim if my teenager is on a course for work? Parents cannot claim Child Benefit if their child is taking a course that is part of a job contract. Parents can view and manage their claim quickly and easily online or on the HMRC app. This includes viewing payment information and proof of their claim, adding additional children and updating their details.
Daily Record
4 days ago
- Business
- Daily Record
HMRC encouraging working families to save money by signing up to Tax-Free Childcare
Tax-Free Childcare means they can save up to £2000 annually for each child up to the age of 11, and £4000 for a disabled child up to the age of 16, when they are paying for their childcare. HM Revenue and Customs (HMRC) is encouraging working families in Lanarkshire to save money by signing up to Tax-Free Childcare and using one of the thousands of facilities accepting it as payment. Tax-Free Childcare means they can save up to £2000 annually for each child up to the age of 11, and £4000 for a disabled child up to the age of 16, when they are paying for their childcare. There are now 75,000 childcare settings accepting Tax-Free Childcare as payment, including nurseries, registered childminders, holiday activity clubs and before- and after-school clubs. Playday is an annual celebration of children's right to play, highlighting the importance of play in their health, wellbeing and development. Myrtle Lloyd, HMRC's chief customer officer, said: 'Whether your child is interested in football, climbing, crafting or dance, there's a huge variety of childcare settings accepting Tax-Free Childcare. 'Children can learn something new and have fun with their friends while their parents save on their childcare bills. 'Visit to sign up today.' Lanarkshire families yet to sign up for Tax-Free Childcare can do it now to pay for their summer activities or start paying into it ready for breakfast and after-school clubs. Once families have opened a Tax-Free Childcare account, they can deposit money and use it straight away or keep it in the account to use it whenever it's needed. Any unused payments can be withdrawn at any time. For every £8 deposited in a Tax-Free Childcare account, the government tops it up by £2, which means parents can receive up to £500 (or £1000 if their child is disabled) every three months towards their childcare costs. Families could be eligible for Tax-Free Childcare if they: – Have a child or children aged 11 or under. They stop being eligible on 1 September after their 11th birthday. If their child has a disability, they receive up to £4000 a year until September 1 after their 16th birthday. – The parent and their partner (if they have one) earn, or expect to earn, at least the National Minimum Wage or Living Wage for 16 hours a week, on average. – Each earn no more than £100,000 per annum. – Do not receive Universal Credit or childcare vouchers.
South Wales Argus
4 days ago
- Business
- South Wales Argus
HMRC offering up to £4,000 free to households with children
Tax-Free Childcare means working families can save up to £2,000 annually for each child up to the age of 11, and £4,000 for a disabled child up to the age of 16, when they're paying for their childcare. There are now 75,000 childcare settings accepting Tax-Free Childcare as payment including nurseries, registered childminders, holiday activity clubs and, for when school starts back in September, before and after school clubs. Are you missing out on childcare savings? 👋 Sign up for Tax-Free Childcare scheme and save up to £2,000 a year per child on approved childcare costs, including wraparound childcare. 💸 Find out more. 👇 — HM Revenue & Customs (@HMRCgovuk) August 3, 2025 Myrtle Lloyd, HMRC's Chief Customer Officer, says: 'Whether your child is interested in football, climbing, crafting or dance, there's a huge variety of childcare settings accepting Tax-Free Childcare. Children can learn something new and have fun with their friends while their parents save on their childcare bills. Visit to sign up today.' Families yet to sign up for Tax-Free Childcare can do it now to pay for their summer activities or start paying into it ready for breakfast and after-school clubs when the new term starts. Once families have opened a Tax-Free Childcare account, they can deposit money and use it straight away or keep it in the account to use it whenever it's needed. Any unused payments can be withdrawn at any time. For every £8 deposited in a Tax-Free Childcare account, the government tops it up by £2, which means parents can receive up to £500 (or £1,000 if their child is disabled) every 3 months towards their childcare costs. Who is eligible to apply for HMRC Tax-Free Childcare? Families could be eligible for Tax-Free Childcare if they: Have a child or children aged 11 or under. They stop being eligible on 1 September after their 11th birthday. If their child has a disability, they receive up to £4,000 a year until 1 September after their 16th birthday The parent and their partner (if they have one) earn, or expect to earn, at least the National Minimum Wage or Living Wage for 16 hours a week, on average Each earn no more than £100,000 per annum Do not receive Universal Credit or childcare vouchers Visit to check eligibility and register for Tax-Free Childcare. Recommended reading Tax-Free Childcare can be used alongside the free childcare hours, subject to eligibility. Account holders must confirm their details are up to date every 3 months to continue receiving the government top-up. Childcare providers can also sign up for a childcare provider account via to receive payments from parents and carers via the scheme.
Glasgow Times
4 days ago
- Business
- Glasgow Times
HMRC offering up to £4,000 free to households with children
Tax-Free Childcare means working families can save up to £2,000 annually for each child up to the age of 11, and £4,000 for a disabled child up to the age of 16, when they're paying for their childcare. There are now 75,000 childcare settings accepting Tax-Free Childcare as payment including nurseries, registered childminders, holiday activity clubs and, for when school starts back in September, before and after school clubs. Are you missing out on childcare savings? 👋 Sign up for Tax-Free Childcare scheme and save up to £2,000 a year per child on approved childcare costs, including wraparound childcare. 💸 Find out more. 👇 — HM Revenue & Customs (@HMRCgovuk) August 3, 2025 Myrtle Lloyd, HMRC's Chief Customer Officer, says: 'Whether your child is interested in football, climbing, crafting or dance, there's a huge variety of childcare settings accepting Tax-Free Childcare. Children can learn something new and have fun with their friends while their parents save on their childcare bills. Visit to sign up today.' Families yet to sign up for Tax-Free Childcare can do it now to pay for their summer activities or start paying into it ready for breakfast and after-school clubs when the new term starts. Once families have opened a Tax-Free Childcare account, they can deposit money and use it straight away or keep it in the account to use it whenever it's needed. Any unused payments can be withdrawn at any time. For every £8 deposited in a Tax-Free Childcare account, the government tops it up by £2, which means parents can receive up to £500 (or £1,000 if their child is disabled) every 3 months towards their childcare costs. Who is eligible to apply for HMRC Tax-Free Childcare? Families could be eligible for Tax-Free Childcare if they: Have a child or children aged 11 or under. They stop being eligible on 1 September after their 11th birthday. If their child has a disability, they receive up to £4,000 a year until 1 September after their 16th birthday The parent and their partner (if they have one) earn, or expect to earn, at least the National Minimum Wage or Living Wage for 16 hours a week, on average Each earn no more than £100,000 per annum Do not receive Universal Credit or childcare vouchers Visit to check eligibility and register for Tax-Free Childcare. Recommended reading Tax-Free Childcare can be used alongside the free childcare hours, subject to eligibility. Account holders must confirm their details are up to date every 3 months to continue receiving the government top-up. Childcare providers can also sign up for a childcare provider account via to receive payments from parents and carers via the scheme.
