Overview
- The UK government is actively encouraging parents to claim up to £2,000 per child annually (£4,000 for disabled children) through the Tax-Free Childcare scheme.
- Eligibility for Tax-Free Childcare requires working status, meeting minimum earnings thresholds, and a joint adjusted net income below £100,000.
- Child Benefit thresholds have risen, allowing full payments for households earning up to £60,000, tapering off completely at £80,000.
- Parents who previously opted out of Child Benefit due to income limits are now being urged to reapply, with applications available online and backdated payments possible.
- Child Benefit rates recently increased by 1.7%, with payments now at £26.05 per week for the first child and £17.25 for additional children.