To ask Mr Chancellor of the Exchequer, what estimate his Department has made of the cost to the public purse of tax-free childcare in each year of this Parliament.
Answered on
3 February 2017
The estimated cost of Tax-Free Childcare in each year of this parliament is shown in the table below.
2016-17 | 2017-18 | 2018-19 | 2019-20 | 2020-21 | 2021-22 | |
Cost (£bn) | 0.0 | 0.6 | 0.8 | 0.9 | 0.9 | 1.0 |
These estimates are published in the Office for Budget Responsibility’s Economic and Fiscal Outlook - November 2016.
http://budgetresponsibility.org.uk/efo/economic-and-fiscal-outlook-november-2016/
Answered by
Treasury
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