Under TFC, eligible families will receive 20% of their annual childcare cost, up to a maximum of £10,000 of registered childcare, giving a maximum saving per child up to the age of 12 of £2,000 (or £20,000 of registered childcare giving a maximum saving per disabled child of £4,000 up to the age of 17).
From April 2018, parents that are existing members of the current childcare voucher scheme will be able to stay in the existing scheme, but no new entrants to the childcare voucher scheme will be permitted from this date.
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