Ten things clients should know about the new childcare scheme

1 The scheme will launch in autumn 2015 You'll be able to open an online account, which you can use to cover the cost of childcare with a registered provider. This will be done through the government website. 2 For every 80p you or someone else pays in, the government will top up an extra 20p This is equivalent of the tax most people pay - 20% - which gives the scheme its name, ‘tax-free'. The government will top up the account with 20% of childcare costs up to a total of £10,000 - the equivalent of up to £2,000 support per child per year. 3 The scheme will be available for childr...