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<p>We estimate that 1.5 million families will be eligible for Tax-Free Childcare,
and have childcare costs. We estimate that there are currently 600,000 families using
childcare vouchers.</p><p>Those parents, including those with children aged over 11,
will be able to continue to receive vouchers when the scheme closes to new entrants
in April 2018, whilst they work for the same employer and that employer continues
to offer them. Tax-Free Childcare provides a 25% top-up on money paid into an online
account, which parents can use to pay their childcare provider. Parents can receive
up to £2,000 per child, per year in Government top-up and there is no lower limit
on deposits.</p><p>The introduction of Tax-Free Childcare is an opportunity for all
employers to engage with working parents, not just the minority who offer childcare
vouchers. HMRC are working with employers so that they understand and can advise their
employees about the benefits of Tax-Free Childcare.</p>
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