working families

picture of a working family

Working families see resilience plummet to just 19 days

  • The latest Deadline to Breadline report from Legal & General has found UK households’ financial resilience has shrunk by 21% since 2020 (from 24 days to 19 days)
  • People overestimate (by nearly six weeks – actually 41 days) how long they could fund basic living costs (such as housing costs, loans/ credit card repayments, utility bills and food) if they lost their income
  • ...
picture of a chalkboard with back to school written on

Back to school? HMRC can help with childcare costs

As children return to school after summer holidays, HM Revenue and Customs (HMRC) is reminding families who may be missing out on Tax-Free Childcare to register.

Tax-Free Childcare puts more money back in the pockets of working families by providing much needed financial support towards the cost of childcare for children aged 11 or under, or up to 17 if the child has a disability. For every £...

picture of children at a day nursery school

Nurseries reject plan to relax ratios and warn it won’t lower childcare costs

Around nine in 10 nurseries and pre-schools in England are opposed to government plans to relax childcare ratios, with just 2% indicating that changes to ratio rules would result in them lowering fees for parents, a new survey conducted by leading early years organisation the Early Years Alliance has revealed.

Children and families minister Will Quince has confirmed that the...

picture of a working family

2.1 million annual tax credits packs to be issued

Working families on tax credits are being asked to check their details so they do not miss out on this vital government support.

About 2.1 million tax credits customers will begin to receive their annual renewal packs this week from HM Revenue and Customs (HMRC).

The packs will be sent between 25 April and 27 May, and customers have until 31 July to check their details are...

picture of children in a childcare setting

Don’t miss out on up to £2,000 towards childcare costs

Thousands of working families in the South West could be missing out on an opportunity to get up to £2,000 a year to help with the cost of childcare, HM Revenue and Customs (HMRC) is reminding parents, ahead of February half term.

Tax-Free Childcare – the 20% childcare top-up – provides eligible working families with up to £500 every three months (or £1,000 if their child is disabled) towards...

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