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For many working parents, childcare costs can play a large role when planning to return to work.

Now that childcare vouchers have closed to new entrants, we are reminding employers that help is at hand with Tax-Free Childcare, a government scheme to help working parents with the cost of childcare.

Eligible parents could get up to £2,000 per child, per year, to spend on qualifying childcare. For parents with two children, that could mean a saving of £4,000 on the family budget.

You don’t need to do anything, but telling your employees about Tax-Free Childcare could:

• help them with their childcare costs
• help their return to work
• help them work more hours, if they want to
• help you retain staff you’ve invested in

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