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826,000 families boost finances with childcare savings

News Tax & Compliance General Updates
Date: 6th Jun, 2025 Source: Her Majesty’s Revenue and Customs (HMRC) Country: United Kingdom Original Source

Brief

On May 28, 2025, HMRC issued an update regarding 826,000 families boost finances with childcare savings. The number of working families using Tax-Free Childcare increased by 81,770 compared to the previous March, with nearly £632 million in government top-ups towards their childcare bills shared among these families in the 2024 to 2025 tax year.

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Her Majesty’s Revenue and Customs (HMRC)

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