There are a number of options available to you, which can be used to fund part of your childcare costs, depending on your personal circumstances and/or your child’s age.
Universal Tax Credits: Nine out of ten families are eligible for some financial assistance through Universal Tax Credits. The amount of the benefit is dependent on a family’s household circumstances and factors such as how many children you have, whether you work, how many hours you work and if you pay for childcare. For further information, please visit www.gov.uk/child-tax-credits.
Childcare Grant: Full time students with dependent children may be eligible for a childcare grant, subject to income. For further details, please visit www.gov.uk/childcare-grant or, if you are aged under 20, www.gov.uk/care-to-learn.
Tax Free Childcare: Fees may be partly/fully paid using Tax Free Childcare, whereby the government will contribute £2 for every £8 of childcare costs. This enables you to claim up to £2,000 per annum for each of your children. To access Tax Free Childcare, please go to www.childcarechoices.gov.uk and scroll down to the ‘Tax Free Childcare’ section to ‘Apply Now’.
Free Early Education: All children are entitled to up to 15 hours of free early education per week during term time from the beginning of the term after their third birthday until they either go into a reception class or reach compulsory school age (the term following their fifth birthday). Some children may also qualify for an additional extended 15 hours, subject to parents’ earnings. To find out if you qualify, go to www.childcarechoices.gov.uk and select the option for 30 hours childcare.