Overview

Implementation needed for the Tax-Free Childcare (TFC) scheme calculation in PolicyEngine UK. The scheme provides government contributions towards childcare costs for eligible families. (Documentation link)

Key Features

• Annual contribution of up to £2,000 per standard child and £4,000 per disabled child
• Government contributes £2 for every £8 parents deposit (20% support)
• Income threshold of £100,000 per partner
• Compatible with 15/30 hours of free childcare programs