Edward Timpson
Main Page: Edward Timpson (Conservative - Eddisbury)Department Debates - View all Edward Timpson's debates with the HM Treasury
(2 years, 1 month ago)
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Rishi Sunak
We will put a backstop sunset clause in the legislation with the energy profits levy. It will remain in place until prices return to a more normal level. In the past, that was specified specifically. We will take the time to get that right, but it will not be automatic in 12 months. It will depend on when prices return to a more normal level.
Edward Timpson (Eddisbury) (Con)
Over and above the up to 30 hours of free childcare for three and four-year-olds and 15 hours for disadvantaged two-year-olds, there is also tax-free childcare that could help to alleviate the pressure of the cost of living for many families in Eddisbury and across the country, but only one in five eligible families take up the scheme. That has led to an underspend of about £2.5 billion over the past four years. What is my right hon. Friend going to do to help those families get the support they are entitled to to help them through this difficult time?
Rishi Sunak
My hon. Friend is rightly passionate about that subject, which he knows a lot about. Both the Education Secretary and the Exchequer Secretary are working hard to combat the low take-up of tax-free childcare. It is a generous benefit worth up to £2,000 a year and we want to make sure that everyone who can benefit from it does so.