By z4028047330, May 23 2017 12:02PM
We will try and simplfy FREE childcare to help families make the right choice. You can go to our website and click on the links for more details here. You can also phone us on 01282 778018. We have tried our best to keep the information brief and we hope this helps:-
2 year old - 15 hours FREE childcare per week for families getting some sort of support including income support, job seekers allowance, tax credits and have an annual income under £16,190 before tax.
3 & 4 years old - All 3 & 4 year olds get 15 hours FREE childcare in the term following their 3rd birthday (terms start 1st September, 1st January & 1st April).
3 & 4 years old - 30 hours FREE childcare per week (from September 2017) - Earn or expect to earn the equivalent of 16 hours at National Minimum or Living Wage over the coming 3 months. This equates to £120 a week (or £6,000 a year) for each parent over 25 yrs old or £112.80 a week (or £5,800 a year) for each parent between 21 and 24 years old. You will not qualify if either parent has an income over £100,000. YOU CAN share the 30 hours FREE childcare with different nurseries i.e 15 hours at school nursery and 15 hours at Padiwacks. We currently drop off and collect from all local school nurseries.
Childcare Vouchers - If your employer offers childcare vouchers or arranges your childcare, you can get up to £933 a year in tax and national insurance savings. Over a period of time, tax free childcare will replace childcare vouchers. Padiwacks accepts all childcare vouchers.
Tax Free Childcare - Parents will be able to open a new childcare account by followinig this link. Every £8 you pay in, the government will add an extra £2, up to £2,000 per child. The Government will add the extra within 24 hours and you then just transfer the money from this account diirect to Padiwacks. We are registered with this scheme.. You can find more information here about tax free childcare.
Tax Credits - If you and any partner are working at least 16 hours a week you can claim back up to 70% of childcare costs. Depending on your income you could get £122.50 a week for one child or £210 for two or more.
Universal Credits - You can claim back up to 85% of your eligible childcare costs. You could get up to £646 a month for one child, or £1,108 for two or more children. Universal Credits is being phased in over the next few years. It will replace a number of existing benefits, including tax credits.
Help while you study - Care to Learn should pay your childcare fees if you're under 20. Go here for more details . You can apply for Discretionary Learner Support here if you're over 20. You can also apply for a Childcare Grant here if you're in full-time higher education to pay for childcare costs for children.
If in doubt follow the links where applicable or just phone us on 01282 778018 and we should be able to answer any questions. The 15 hours childcare is term time (38 weeks p.a) but can be spread over the year if that works out better for you.