Jess F
Joined: 4/9/2024
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RE: Calculating adjusted net income for tax free childcare / 30 free hours
Hello, please could somebody confirm what period and frequency the adjusted net income is assessed on for the free childcare hours? Eg is it the earnings for 23/24 tax year which determine eligibility for all of 24/25 or an estimate of 24/25 earnings? How often do you need to disclose this information and what then happens if your eligibility status changes from previous period/expected earnings. With previously earning >£100k but then being on maternity pay and then returning part time it is unclear whether I will end up eligible or not. Thanks