Funding Your Childcare

As the cost of living continues to have an impact on families up and down the country, new parents, in particular, have been significantly affected, forcing many to rethink whether they should return to work or become stay-at-home parents.

In response to this, the government has rolled out a variety of schemes to provide financial aid, enabling more families to afford good quality childcare for their little ones. If you would like to learn more about tax-free childcare, or to find out whether you are eligible for 30 hours of funded childcare, we’re here to help!

Below, you will find all the information you need to get the help you require to ensure your little one gets the very best.

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Tax-Free Childcare

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30 Hours Funded Childcare

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What funding options are available at Kids Inc Nurseries?

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.

Tax-Free Childcare
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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 of childcare.

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