HMRC warns Brits could be missing out on £2,000 support View Image

Brits are being encouraged to check their eligibility for up to £2,000 in annual support. HM Revenue and Customs (HMRC) is urging parents to investigate whether they could qualify for financial assistance with childcare costs.

In a post on X, HMRC said: "Could you be missing out on childcare savings?"Here's what you need to know!

"Sign up for Tax-Free Childcare and save up to £2,000 a year per child on approved childcare costs." This funding is solely available to couples whose combined income does not exceed £100,000 per year.

Those who fit the criteria can receive up to £500 every quarter for each child to help with childcare costs, equating to as much as £2,000 annually. The Government website explains that this

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