A Tax-free Childcare account only takes 20 minutes to open and could save families a lot of money for childcare needs
HM Revenue and Customs has issued a reminder for families that could get up to an extra £4,000 a year for their child.
Meanwhile, every £8 paid into an account will automatically result in a £2 top-up from the government. HMRC claims families could save up to £500 every three months for each child or £1,000 if the child has a disability.
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