2017 Report details for project: Tax-Free Childcare

Project name: Tax-Free Childcare - there are 5 reports for this project: 2015, 2016, 2017, 2018, 2019
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Organisation: HMRC (D25) - see all reports for this organisation
Report year: 2017 (data is from Sept 2016)
Category: Transformation - see all reports for this category
Description: Under TFC the intention is to provide childcare accounts for all eligible children for which the first £8,000 deposited by parents or others is topped up by government by 20p for every 80p deposited, up to a maximum of £2,000 per child per year. The TFC programme will design and implement the TFC scheme. Accountability for TFC is divided between HMRC and HM Treasury (HMT). HMRC are responsible for TFC delivery and for outcomes on customer service such as correct payments and data security. HMT have responsibility for ensuring the scheme delivers its intended policy outcomes and for advising ministers on any further policy changes needed to ensure the outcomes continue to be achieved. HMRC will also deliver, for DfE who are the accountable Department, the functionality to support the enhanced 30 hours free childcare provision for 3 and 4 year olds.
DCA (RAG): Amber
DCA text: Tax-Free Childcare received approval of the Full Business Case by Chief Secretary to the Treasury (CST) and has successfully launched the Childcare Provider Service. The main driver for the RAG status is the challenging delivery timeline prior to the private beta Trial scheduled for November 2016
Start date: 2013-09-10
End date: 2018-06-30
Schedule text: Data not provided
Baseline: £65.64m
Forecast: £56.78m
Variance: -14.00%
Variance text: The 2016/17 budget of £65.6m is taken from the Tax-Free ChildCare (TFC) Full Business Case (FBC) version 2 approved by HMT & Cabinet Office in March 2016. Forecast spend for 2016/17 is below budget as planned spend on Identity Assurance contingency, Marketing and Assisted Digital is no longer required.
Whole Life Cost: £356.86m
WLCost text: In accordance with Cabinet Office Infrastructure and Projects Authority (IPA) Data Guidance and Definitions governing the quarter two of 2016/17, Whole Life Costs (WLC) total baseline is the summation of resource (RDEL), capital (CDEL), and non-government expenditure, for the period covered by the latest HM Treasury Approval Point/Business Case. The resource and capital cost is made up of three constituent categories: ‘One-off Investment in Change’, ‘New Recurring Costs’, and ‘Old Recurring Costs’.
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Sourcefile: IPA_2017.csv

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Acknowledgement: GMPP data has been re-used under the Open Government Licence.