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Working families are being encouraged to sign up to Tax-Free Childcare to help with the upcoming school holidays. The latest figures from HM Revenue and Customs (HMRC) show 34,255 families in Scotland received a savings boost in June.
Paying childcare bills through a Tax-Free Childcare account can save working families up to £2,000 per year for each of their children up to the age of 11 or £4,000 per year up to the age of 16 if the child is disabled.
Parents can use the scheme to help towards the cost of approved childcare whether that’s nursery for younger children, or for older children - wraparound or after school care clubs during term time or holiday clubs for the long summer holidays ahead.
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