Tax-Free Childcare New IT solution: Helping Parents Access Government Funds Via Cashless Payment Systems
Buyer: H M Revenue & Customs
- Published
- 14 November 2023
- Place of performance
- UK
- Lots
- 1
- Notice number
- 033561-2023
- Reference
- ocds-h6vhtk-041811
- Official source
- Official source
Description
His Majesty's Revenue and Customs (HMRC) helps families and individuals with targeted financial support, alongside collecting tax to pay for the UK's public services. The department is taking steps to support working parents with their childcare costs by improving access to Tax-Free Childcare (TFC) by introducing a technical enhancement for educational cashless payment systems. This technical investment supports the government's ambition for wraparound childcare, that no matter where parents live, they should be able to access wraparound childcare for primary-age children in their local area. Enabling access to TFC through cashless payment systems will help many parents access government support more easily. What is Tax-Free Childcare (TFC)? Tax-Free Childcare (TFC) is a government childcare support scheme. Eligible parents can get up to £500 every 3 months (up to £2,000 a year) for each of their children to help with the costs of childcare. This goes up to £1,000 every 3 months if a child is disabled (up to £4,000 a year). Our challenge Many schools use cashless payment systems to manage and process payments from parents such as dinner money, school trips and before and afte…
Official publications
- FTS · 033561-2023 · 14 November 2023
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Frequently asked questions
- Who is the buyer of this tender?
- The contracting authority is H M Revenue & Customs (United Kingdom).
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