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Hundreds of thousands of parents are set to receive an extra £736.06 in childcare costs each year thanks to new measures announced at the Budget yesterday. The Government has increased the maximum amount for childcare costs for people on Universal Credit.

The maximum amount that can be reimbursed for childcare costs for eligible Universal Credit claimants will increase by £736.06 for each additional child above the current maximum cap for two children, according to Budget documents.

The boost comes after Chancellor Rachel Reeves delivered her second Autumn Budget yesterday, announcing a range of welfare reforms and changes for families receiving benefits.

The Budget states that "The maximum amount that can be reimbursed for childcare costs for eligible Universal Credi

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