More than two million working families stand to gain through a major expansion of government support for childcare.
Under tax-free childcare plans, set out on the eve of the Budget, eligible families will receive up £1,200 a year for each child - to a maximum of 20% of their annual costs.
However the new scheme, which will replace the existing employer supported childcare programme (ESC), will not come into effect until late 2015 - after the next general election.
In order to qualify, both parents will have to be in work - or the one parent in the case of lone parent families - and each parent must be earning less than £150,000-a-year.Initially it will cover children up to five years old, but will build up "over time" to include children under 12.
More top news
The Labour leadership frontrunner took to the streets to join the party.
More rain forecast in the next 24hours - it is a Bank Holiday after all!
Paul Gallihawk went missing whilst competing in the swimming leg of a triathlon to raise money for charity.