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Are you aware that you may be able to get help towards the monthly cost of your childcare fees?
Now more than ever we all need to make every penny count and take advantage of the money saving schemes that are available for parents and carers.

Want to find out more? 

Then keep reading!

Below is a quick guide to financial help that is available towards childcare fees. Click on the links to find out more or go to https://www.childcarechoices.gov.uk/ where you’ll be able to find out all you need to know and use their online calculator https://www.gov.uk/childcare-calculator?utm_source=childcarechoices&utm_medium=microsite

Childcare Overview.pdf

as well as other useful links.

https://www.childcarechoices.gov.uk/providers/communications-toolkit/england/

file:///Users/alisonlane/Downloads/Your%20new%20childcare%20account%20journey%20and%20information%20(1).pdf

 

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Tax Free Childcare

  • For working families, including the self-employed.
  • Earning under £100k and at least £139 per week (equal to 16 hours at the National Minimum or Living Wage) each
  • 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 your online TFC account, the government will add an extra £2, up to £2,000 per child per year or up to £4000 per year for a disabled child.
  • Please visit https://www.gov.uk/tax-free-childcare for further information.

15 Hours Funded Childcare for 2 Year Olds

  • For families in England, receiving some forms of support
  • With 2-year-old children
  • 15 hours of funded childcare or early education for 38 weeks
  • To be able to take up 15 hours of funded childcare for your two-year-old you or your child must meet the eligibility criteria below.
    • Income Support
    • income-based Jobseeker’s Allowance (JSA)
    • income-related Employment and Support Allowance (ESA)
    • Universal Credit – if you and your partner have a combined income from work of £15,400 or less a year, after tax
    • tax credits and you have an income of £16,190 or less a year, before tax
    • the guaranteed element of State Pension Credit
    • support through part 6 of the Immigration and Asylum Act
    • the Working Tax Credit 4-week run on (the payment you get when you stop qualifying for Working Tax Credit
  • Please visit https://www.gov.uk/help-with-childcare-costs/free-childcare-2-year-olds for further information.
  • A total of 570 hours per year, that you can use flexibly with one or more childcare provider
  • We ‘stretch’ the hours over 48 or 51 weeks, using fewer hours per week.

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15 Hours Funded Childcare for 3 & 4 Year olds

  • For all families in England
  • With 3 and 4-year-old children
  • 15 hours of funded childcare or early education for 38 weeks
  • A total of 570 hours per year, that you can use flexibly with one or more childcare provider
  • We also ‘stretch’ the hours over 48 or 51 weeks, using fewer hours per week.
  • We have a limited number of Zero Cost places available and further costs apply for other places.
  • Please visit https://www.gov.uk/help-with-childcare-costs/free-childcare-and-education-for-2-to-4-year-olds for further information.

30 Hours Funded Childcare for 3 & 4 Year Olds

  • For working families in England
  • With 3 and 4-year-old children
  • 30 hours of funded childcare or early education for 38 weeks
  • A total of 1,140 hours per year, that you can use flexibly with one or more
    childcare provider
  • We also ‘stretch’ the hours over 48 or 51 weeks, using fewer hours per week.
  • We have a limited number of Zero Cost places available and further costs apply for other places.
  • You will be eligible for the 30-hour funded childcare offer if:
    • You earn more than the equivalent of 16 hours at the national living wage or minimum wage per week: for example, £120 per week if you are 25 or older.

    There is no requirement to work a certain amount of hours per week – it is all about how much you earn. This means if you only work 10 hours a week but earn £12 per hour, you will meet the minimum earning threshold. Apprentices are also eligible as long as they earn the equivalent to 16 hours at the apprentice minimum wage.

    If you are not working but you expect to take up paid work within 14 days, you can still apply for 30 hours, as long as you expect to meet the income criteria over the coming three months.

    If you are a single parent and meet the above criteria, you will be eligible for the 30 hours. If you live with a partner, you both must meet the above criteria. This still applies if one of you is not the child’s parent – for example, if you have remarried or have started living with a new partner. If you are separated/divorced from your child’s parent, the eligibility rules will only apply to the parent that the child normally lives with (and their new partner if they are part of the same household).

    Please visit https://www.gov.uk/30-hours-free-childcare for further information.

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Tax Credits

  • For working families, in the UK
  • With children under 16 (or under 17 if disabled)
  • 70% of childcare costs, up to a cap
  • If you cannot make a new claim for Tax Credits, you may be able to apply for Universal Credit instead.

Universal Credit

  • For working families claiming Universal Credit, in England, Scotland, Northern Ireland and Wales
  • With children under 17
  • Up to 85% of eligible childcare costs

Please visit https://www.gov.uk/help-with-childcare-costs/universal-credit for further information.

Support While You Study

  • Weekly payments from Care to Learn if you’re at school or sixth-form college
  • Help through your college if you’re in further education
  • A weekly grant if you’re in full-time higher education

You could get weekly payments through https://www.gov.uk/care-to-learn?utm_source=childcarechoices&utm_medium=microsite  if you’re under 20 at the start of a publicly-funded course, such as a school or sixth form.

You can apply for https://www.gov.uk/learner-support?utm_source=childcarechoices&utm_medium=microsite to pay for childcare if you’re 19 or over and in further education, for example, if you’re studying for an NVQ, BTEC or PGCE.

You can apply for a Childcare Grant– external link if you’re in full-time higher education to pay for childcare costs for children under 15 (or under 17 if they have special needs).

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Childcare Vouchers

Your employer may provide childcare vouchers, which mean you do not have to pay tax on some of your childcare costs. You can get information about this from your employer’s HR department. Depending on how much you spend and when you joined the scheme, you can get up to £55 per week.

Childcare vouchers are being phased out because of the introduction of Tax Free Childcare and are no longer available for new entrants . If you are already using childcare vouchers, you can continue to use them, or you can change to Tax Free Childcare. Whether you are better off on childcare vouchers or Tax Free Childcare will depend on your personal circumstances.

 

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