Childcare Payments Act 2014
- Type of Bill:
- Government Bill
- Mr George Osborne
Progress of the Bill
Bill started in the House of Commons
- House of Commons
- House of Lords
- Royal Assent
- Royal Assent 17 December, 2014 | 17.12.2014
Act of Parliament
|Childcare Payments Act 2014 c.28||19.12.2014|
Latest news on the Childcare Payments Act 2014
Following agreement by both Houses on the text of the Bill it received Royal Assent on 17 December. The Bill is now an Act of Parliament (law).
Summary of the Childcare Payments Act 2014
The Bill introduces a new tax-free childcare scheme to support eligible parents with childcare costs.
- the Government would provide 20 per cent support on costs up to £10,000 per year for each child via an online account
- the Government would top up any payments made into the account, capped at a maximum Government contribution of £2,000 a year for each child.
The Bill extends to the United Kingdom. In relation to Northern Ireland, the Bill requires a Legislative Consent Motion of the Northern Ireland Assembly
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