Quality childcare is expensive and we do appreciate how daunting your child’s fees are- however broken down per hour you would pay a cleaner or a dog walker more!! For almost all of us, some of the cost can be offset in a variety of ways. The government have set up a ‘one stop shop’ which aims to give parents information on the variety of ways they can save money on their childcare costs.
https://www.childcarechoices.gov.uk/
What help is available?
Tax Free Childcare
- For working families, including the self-employed, in the UK
- Earning under £100k and an average of £167 per week (equal to 16 hours at the National Minimum or Living Wage) each over three months
- Who aren’t receiving Tax Credits, Universal Credit or childcare vouchers
- With children aged 0-11 (or 0-16 if disabled)
- For every £8 you pay into an online account, the government will add an extra £2, up to £2,000 per child per year
- Universal credit help with childcare fees
- For working families claiming Universal Credit
- With children under 17
- Up to 85% of eligible childcare costs
- You can’t use this as well as Tax Free Childcare
For more information on the nursery funding available for babies from 9 months old…. please see our funding page on the website or visit www.childcarechoices.gov.uk
