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Wednesday, 10 September 2014

Childcare support – is it now a three-way fight?

The government’s proposals to reshape financial support for working parents have been much recorded on this blog over the last two years. In simple terms, the Coalition Government wish to replace Childcare Vouchers (an initiative began by the former Labour administration) with a new benefit system known as Tax-Free Childcare. There are some notable differences between the two proposals, and inevitably some winners and losers also (see Tax-free childcare: a better option for employers?) - yet the principles of both offerings are broadly similar.

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