2018 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: 2018 (data is from Sept 2017)
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 (£4,000 for each disabled child). 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/Red
DCA text: TFC Programme’s RAG is Amber/Red due to performance and stability issues affecting a minority of users. An Improvement Plan is in place to stabilise the service as a priority.
Start date: 2013-09-10
End date: 2018-09-30
Schedule text: The programme had a public commitment to start its phased, age based rollout of TFC from early 2017. The programme started a Trial of the childcare service in November 2016 and decided to extend the Trial through to April 2017 in order to deliver and test new functionality as part of the Trial. This pushed the planned go live date back slightly and moved the programme end date out by 3 months.
Baseline: £78.29m
Forecast: £68.66m
Variance: -12.00%
Variance text: The 2017/18 budget of £78.3m is taken from the TFC Full Business Case approved by HMT and Cabinet Office in March 2016. Forecast spend for 2017/18 is below budget due to lower than expected operational, marketing and VAT costs.
Whole Life Cost: £356.86m
WLCost text: Budgeted Whole Life Costs are reported as Nominal
Notes1:
Notes2:
Sourcefile: IPA_2018.csv

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