Lucy Powell – 2014 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Lucy Powell on 2014-06-16.

To ask Mr Chancellor of the Exchequer, if he will publish any cost benefit analysis of awarding the contract for the tax-free childcare scheme to National Savings & Investments undertaken before the decision was announced.

Nicky Morgan

On the 23 May the Government published a further consultation on the delivery of childcare accounts within Tax-Free Childcare. The consultation will be open until 27 June and the Government will consider the responses alongside those to the first consultation before it makes its decision on the provision of childcare accounts.

This and the previous consultation has set out options for delivering childcare accounts through the public and private sector so that all interested parties will have had an opportunity to comment on them. These options will be assessed against the criteria set out in the consultation document, Tax-Free Childcare:consultation on childcare account provision (https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/313878/PU1667_Tax-Free_Childcare__consultation_on_childcare_account_provision.pdf)

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