Country Kids Nursery | Financial Help for Parents
websitebuilder • August 7, 2020
Did you know, if you have a child aged 3 - 4 years old, up until October 2020 you will be able to receive 30 hours of free childcare and tax-free childcare, even if your income has dropped due to COVID-19?!
These government schemes usually require working parents to earn at least minimum wage for 16 hours a week for the next 3 months for them to qualify, however, HMRC have now confirmed that eligible parents whose income has fallen due to COVID-19 will now continue to receive this support until October 31st 2020.
Key workers with income that exceeds the maximum threshold of £100,000 for the 2020/2021 tax year for the same reason will also be eligible.
Here are some of the ways in which you can get help with funding:
- Parents of 3 and 4 year old children can apply for 30 hours of free childcare a week. To qualify for this, you must usually work at least 16 hours a week at minimum wage, and earn less than £100,000 a year.
- If your employer offers childcare vouchers you can use this to pay towards your childcare fees. Here at Country Kids Day Nursery we are proud to offer discounts to NHS key workers, and those employed within the emergency services.
- Tax-free childcare is also available for children from working families and/or the self employed, for every £8 you put in, the government will add an extra £2. This means that parents can get up to the value of £2,000 per child each year, or £4,000 per disabled child each year in financial support. This money can be used towards the cost of childcare for your child up to the age of 11, or 17 for a disabled child.
- To receive tax-free childcare, or 30 hours of free childcare, you need to re-confirm your eligibility every 3 months through the GOV.uk website. If you have had changes made to your income, whether it’s decreased or increased, you should apply and re-confirm as usual.
If you have any questions regarding what you could be eligible for, please don’t hesitate to get in touch, we are here to help!
Alternatively, if you would like to get your child’s place secured before October 31st please send our team a message, or book a viewing through our Facebook booking system. We look forward to seeing you!
These government schemes usually require working parents to earn at least minimum wage for 16 hours a week for the next 3 months for them to qualify, however, HMRC have now confirmed that eligible parents whose income has fallen due to COVID-19 will now continue to receive this support until October 31st 2020.
Key workers with income that exceeds the maximum threshold of £100,000 for the 2020/2021 tax year for the same reason will also be eligible.
Here are some of the ways in which you can get help with funding:
- Parents of 3 and 4 year old children can apply for 30 hours of free childcare a week. To qualify for this, you must usually work at least 16 hours a week at minimum wage, and earn less than £100,000 a year.
- If your employer offers childcare vouchers you can use this to pay towards your childcare fees. Here at Country Kids Day Nursery we are proud to offer discounts to NHS key workers, and those employed within the emergency services.
- Tax-free childcare is also available for children from working families and/or the self employed, for every £8 you put in, the government will add an extra £2. This means that parents can get up to the value of £2,000 per child each year, or £4,000 per disabled child each year in financial support. This money can be used towards the cost of childcare for your child up to the age of 11, or 17 for a disabled child.
- To receive tax-free childcare, or 30 hours of free childcare, you need to re-confirm your eligibility every 3 months through the GOV.uk website. If you have had changes made to your income, whether it’s decreased or increased, you should apply and re-confirm as usual.
If you have any questions regarding what you could be eligible for, please don’t hesitate to get in touch, we are here to help!
Alternatively, if you would like to get your child’s place secured before October 31st please send our team a message, or book a viewing through our Facebook booking system. We look forward to seeing you!
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