Asked by: Lord Sutherland of Houndwood (Crossbench - Life peer)
Question to the HM Treasury:
To ask Her Majesty’s Government, further to the Written Answer by Lord Deighton on 28 July (WA 247), in addition to the "qualitative assessment of the economic impacts" of the Childcare Payments Bill provided in the impact assessment, what specific estimates they have made of the impact on tax receipts from mothers paying income tax and national insurance.
Answered by Lord Deighton
Details of the estimated economic effects from the introduction of Tax-Free Childcare can be found in the Childcare Payments Bill Impact Assessment[1]
Asked by: Lord Sutherland of Houndwood (Crossbench - Life peer)
Question to the HM Treasury:
To ask Her Majesty’s Government what is the role of HM Treasury officials in the co-ordination of childcare policy across Government.
Answered by Lord Deighton
The Department for Education leads on childcare policy across government. As in all areas of policy, HM Treasury officials help ensure that policy development is coordinated across departments.
Asked by: Lord Sutherland of Houndwood (Crossbench - Life peer)
Question to the HM Treasury:
To ask Her Majesty’s Government what projections they have made of the impact of directly subsidising childcare costs as proposed in the Childcare Payments Bill on maternal employment rates, and the level of income tax paid by working mothers.
Answered by Lord Deighton
Details of the estimated economic effects from the introduction of Tax-Free Childcare can be found in the Childcare Payments Bill Impact Assessment.[1]
Asked by: Lord Sutherland of Houndwood (Crossbench - Life peer)
Question to the HM Treasury:
To ask Her Majesty’s Government whether direct subsidies to parents to assist with childcare costs as proposed in the Childcare Payments Bill are intended to improve child development outcomes, free up parental time to work, or both.
Answered by Lord Deighton
The Childcare Payments Bill will introduce the Government’s new tax free childcare scheme. As part of our long term economic plan, Tax-Free childcare will enable more parents to go out to work, if they want to, to provide greater security for their families.