Opinion: Childcare tax reforms come too late as providers struggle on
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Opinion
- Monday, March 31, 2014 | CYP Now
The coalition government's announcement of a revised childcare tax break scheme received mixed responses from the sector, charities and think-tanks. Some have welcomed the news to increase the childcare tax break from £1,200 to £2,000 a child and the rise in age
range from five to 12 years from the start of the scheme. In addition, the revised scheme, which will operate online, will be open to those who are self-employed. Others have criticised the decision to make the tax
breaks for childcare available to families with incomes of up to £300,000. They argue the offer will help richer parents most, that it
will be difficult to police and for some families it will be less generous than the current childcare voucher regime.