Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what proportion of tax-free childcare accounts have received the maximum top-up of £2,000 since those accounts were established.
The data to answer questions 155901 and 155902 is not readily available and could only be provided at a disproportionate cost.
The rollout of Tax-Free Childcare began in April 2017 to a small number of parents. Only a limited number of accounts have been open more than one year so accurate and robust data on the annual value of top-up paid to parents will not be available until early 2019, one year after full rollout of TFC.
For question 155904 I refer the honourable member to the answer I gave on 4 December 2017 to the honourable member for Batley and Spen (116593).