Act of Parliament | |
Long title | An Act to make provision for and in connection with the making of payments to persons towards the costs of childcare; and to restrict the availability of an exemption from income tax in respect of the provision for an employee of childcare, or vouchers for obtaining childcare, under a scheme operated by or on behalf of the employer. |
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Citation | 2014 c. 28 |
Introduced by | George Osborne[1] |
Territorial extent | England and Wales, Scotland and Northern Ireland[2] |
Dates | |
Royal assent | 17 December 2014[3] |
Commencement | 17 December 2014[4] |
Status: Current legislation | |
Text of statute as originally enacted |
The Childcare Payments Act 2014 (c. 28) is an act of the Parliament of the United Kingdom that received royal assent on 17 December 2014, after being introduced on 5 June 2014.[3] The purpose of the act was to support working families by encouraging parents to take paid employment by offering eligible parents to pay into an online childcare account which will be automatically topped up by the Government, therefore reducing the burden of childcare costs on such families.[5][6]