Spring Budget 23: Chancellor to expand free childcare provision

Part of the government's push to get people to return to work

Jenna Brown
clock • 1 min read

Chancellor Jeremy Hunt is expected to announce a massive expansion of free childcare in his Budget speech later today as part of the government's drive to get more people into work.

The Guardian and BBC report the plan would see 30 hours of free childcare made available to one and two-year-olds. At present, working parents with three and four-year-olds can get 30 hours of free childcare a week. The BBC also said the hourly rate paid to childcare providers would also rise and local authorities would be given funding to set up wraparound care in schools from September next year. The Treasury declined to comment ahead of the speech. The BBC childcare costs in the UK are "among the highest in the world" and the government has been under pressure to address the i...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Minimising clients' IHT liabilities: Where there's a will there's a way

Minimising clients' IHT liabilities: Where there's a will there's a way

There are ways to mitigate an anticipated inheritance tax bill

Richard Burgess
clock 08 April 2024 • 4 min read
HMRC warns about taking benefits until it fixes LTA abolition rules

HMRC warns about taking benefits until it fixes LTA abolition rules

Request came just two days before the LTA abolishment date

Jonathan Stapleton
clock 05 April 2024 • 1 min read
Child benefit changes extend tax trap to more parents

Child benefit changes extend tax trap to more parents

'We know that lots of parents are bamboozled by the system'

Laura Suter
clock 04 April 2024 • 3 min read