Tiney are set up with Tax-Free Childcare to receive payments from parents. We have one account to receive payments on behalf of all tiney childminders.
What is Tax-Free Childcare?
Working or self-employed parents earning over £183/week and less then £100k/year can pay through Tax-Free Childcare, where the government will top up £2 for every £8 paid by parents, up to £2000 per child per year.
Parents will need to set up a childcare account to pay into, either by bank transfer or card payment.
Any payments made by parents will then have a top up of 25% from the government, as seen below.
How can I pay tiney?
Parents will need to search for tiney in the Tax-Free Childcare portal by searching for tiney, our Ofsted number CA000038, or our postcode E16 2DQ. They can then add tiney as a saved childcare provider.
Payments can be set up as one-off payments on a specific date, or recurring payments, which can be amended before they are sent. Since most families are invoiced by calendar month, meaning that each invoice amount will be different, many families use one-off payments instead of the recurring option.
Payments may take a few days to reach tiney, and HMRC's processing time will be impacted by weekends and public holidays, so please keep this in mind when making payment for your invoices.
When setting up a one-off payment, make sure to check the date the payment will be sent. The portal may often suggest as default a date in a month's time - so always double-check that the payment will be sent on the date you want!
Payments made from a TFC account will automatically include a unique code for each child, made up of their first initial, 3 letters from their surname, 5 digits, and TFC: e.g. a child named John Smith would have a code like 'JSMI56789TFC'. Tiney can match these payment references to the relevant child and mark invoices as paid, so there is no need to inform tiney of these codes, or to add any specific reference to your payments through TFC.
If you have received an invoice that is payable by another payment scheme, such as credit/debit card or a voucher scheme, you can make the payment through Tax-Free Childcare and we will update the invoice accordingly once we receive the payment, or you can contact us to let us know in advance. A receipt will be sent once an invoice is marked as paid.