How fixing the £100,000 childcare cliff edge could boost families and the Treasury coffers

Earning £100,000 was once seen as a landmark career moment. Today, for parents whose income passes this threshold, it has become the point at which their finances take an eye-watering tax hit. Parents lose thousands in childcare support, creating a so-called "cliff edge" that leaves some families taking home less money despite earning more. In some cases, parents may be financially better off turning down pay rises, reducing their hours, or diverting income into pensions to remain below the £100,000 threshold. It's a phenomenon that has attracted growing criticism, become a trending topi...