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Tax Free Childcare Question
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michael777
Posts: 6 Forumite
Hi,
Our childcare bill for our 1 yo is £433.50 per month, we pay this full amount into our tax free childcare account and are building up the government top up. Are there any disadvantages to doing it this way? Can it carry over to next year too?
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Comments
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You can build up as much as you want to in the TFC account and then spend it in future years.I am an Independent Financial Adviser. Any comments I make here are intended for information / discussion only. Nothing I post here should be construed as advice. If you are looking for individual financial advice, please contact a local Independent Financial Adviser.0
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