PM to decline childcare tax break
%VIRTUAL-SkimlinksPromo%David Cameron has revealed that he will not be taking advantage of the new tax break for childcare, worth up to £2,000 per child each year.
The scheme, unveiled on the eve of the Budget and due to come into effect in autumn 2015, will help around 1.9 million families with children aged under 12 where both parents work, at a cost of around £750 million.