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Tax Free Childcare to replace Childcare Vouchers

Tax Free Childcare (TFC) is being rolled out by the government this year, to replace Childcare Vouchers. All parents already registered for childcare vouchers can continue to use these but if you are not registered now, or before April 2018 you will lose the option to choose between TFC and Childcare Vouchers. For many people the tax savings from Childcare Vouchers are greater that from TFC; this link provides valuable information to help you assess what’s best for you.