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Tax free childcare #1004

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Tax free childcare #1004

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vahid-ahmadi
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@vahid-ahmadi vahid-ahmadi commented Jan 10, 2025

Overview

This PR implements the Tax-Free Childcare (TFC) scheme calculation in PolicyEngine UK. The scheme provides government contributions towards childcare costs for eligible families. (Documentation link)

Key Features

  • Annual contribution of up to £2,000 per standard child and £4,000 per disabled child
  • Government contributes £2 for every £8 parents deposit (20% support)
  • Income threshold of £100,000 per partner
  • Compatible with 15/30 hours of free childcare programs

Fixes #1002

@MaxGhenis
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@PavelMakarchuk could you please meet with @vahid-ahmadi on this? Probably easier than text review for getting the parameters and vectorization in for the first time.

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Come initial comments but will meet to discuss in detail

"tax_free_childcare_work_condition", period
).astype(bool)

return np.logical_and.reduce(
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do all conditions need to be met?

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yes

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Add tax free childcare
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