Reducing your childcare bill
There are various different ways parents can reduce the cost of their childcare bill. Your local Family Hub can offer you free impartial advice and support.
For more information about eligibility or to find out if your 2 year old is entitled to 15 hours free a week childcare.
Your 3 or 4 year old is entitled to a 15 hours free a week childcare. Working parents qualify for an additional 15 hours for their 3 and 4 year old. Find out information and check to see if your child is eligible for a free childcare place.
Tax free childcare
If you’re a working parent with children under 12 (or under 17 for disabled children), you can open an online account to pay for registered childcare. The government will top-up the money you pay into the account. For every £8 you pay in, the government will add an extra £2. You can receive up to £2,000 per child – that’s up to £500 every three months. If you have a disabled child, you can receive up to £4,000 per child – that’s up to £1,000 every three months.
You, and any partner, must each expect to earn (on average) at least £125 per week (equal to 16 hours at the National Minimum or Living Wage). If you, or your partner, are on maternity, paternity or adoption leave, or you’re unable to work because you are disabled or have caring responsibilities, you could still be eligible.
If either you, or your partner, expect to earn £100,000 or more, you can’t get Tax-Free Childcare. You can’t use Tax-Free Childcare at the same time as childcare vouchers, Universal Credit or tax credits. You can use it with the 15 hours and 30 hours schemes.
Universal Credit for childcare
If you and any partner are working, or you’re due to start work and are claiming Universal Credit, you can claim back up to 85% of your eligible childcare costs for children under 16. You could get up to £646 a month for one child, or £1,108 for two or more.
If your employer offers childcare vouchers or arranges your childcare, you can get up to £933 a year in tax and National Insurance savings.
The amount you can get in childcare vouchers depends on how much you earn and when you joined the scheme. You pay for your childcare before tax and National Insurance deductions are made.
You can’t use childcare vouchers at the same time as Tax-Free Childcare. Over time, Tax-Free Childcare will replace childcare vouchers and childcare arranged directly by your employer.
Childcare vouchers will remain open to new joiners until October 2018. Parents already using childcare vouchers can continue to do so after this date, as long as the employer continues to offer them. The tax and National Insurance exemption for workplace nurseries will also continue.
Support while you study
There are lots of different ways you can get help to pay for childcare while you study, for more information on your options visit www.childcarechoices.gov.uk or speak to your education provider.
Early years inclusion funding
The Early Years Strategy Group in North East Lincolnshire aims to ensure support is available for Private, Voluntary and Independent settings that cater for early years’ children, to ensure ALL children are given the opportunities to reach their full potential and achieve improved, desired outcomes.
This information is intended primarily for PVIs and other EY professionals. The guidance sets out what additional funding support may be available to support children with additional or special educational needs and disability in PVI settings and how to apply for that support.
Please read the Early Years Inclusion Funding guidance notes (PDF) carefully before filling in an application form.
Visit www.childcarechoices.gov.uk for more information on Childcare funding support.
Families First Information Service, Municipal Offices, Town Hall Square, Grimsby, North East Lincolnshire, DN31 1HU
Telephone: 01472 326292 (option 1)
Opening times: Monday to Thursday 8.30am to 5pm and Friday 8.30am – 4.30pm except bank holidays