2019 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: 2019 (data is from Sept 2018)
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
DCA text: The Programme's DCA has been amended this quarter, to Amber, following agreement at Programme Board on 25 September. This decision was made due to the uncertainties around some of the delivery dates within the IT delivery plan and the current take-up shortfall against the KAI OBR forecast. Work is underway to prioritise the remaining programme deliverables and ensure the delivery, before the programme closure on 30 September 2019, of all critical components. The TFC marketing campaign started on 10 September with the aim of increasing take-up of TFC accounts.
Start date: 2013-09-10
End date: 2019-09-30
Schedule text: The timeline to deliver the remaining TFC improvements and functionality before programme closure is challenging and the scope has been reviewed to ensure delivery of critical components. Regular planning sessions are ongoing to review the IT delivery plan and any issues identified during development or delivery.
Baseline: £54.06m
Forecast: £50.91m
Variance: -6.00%
Variance text: There is a £3m reduction to the overall forecast of £318m reported in the previous quarterly return. This is a consequence of planned development work to deliver essential system impovements and new functionality being deferred in 2018/19. The work will now be completed during 2019/20 but the costs will be absorbed from the ringfenced funding envelope provided.
Whole Life Cost: £356.89m
WLCost text: The reduction above will reduce the budgeted whole life cycle costs, which are reported as nominal. Costs cover resources and IT deliveries.
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Sourcefile: None

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