Available Funding

For those weighing up the financial benefits of going back to work/paying for childcare against staying at home, there are a number of financial support options that may be available to help with your childcare fees.

Tax - Free Childcare: Introduced in April 2017, the Tax-Free Childcare scheme enables you to claim £2 from the government (up to £2000 a year), for every £8 you pay into your online childcare account, which is then used to pay Station House nursery directly.

For more information and to see if you are eligible, please visit: Tax-Free Childcare - GOV.UK (www.gov.uk)

Childcare Vouchers: Childcare voucher schemes make childcare more affordable. It is where, through the company you work for you are able to apply for a percentage of your wage to be taken tax-free and converted into Childcare Vouchers that can be used (towards or in full) to pay for your child-care fees.

For more information, please visit: Help paying for childcare: Childcare vouchers and other employer schemes - GOV.UK (www.gov.uk)

Working Tax Credit: Working tax credit is a state benefit in the UK made to people who work on a low income. You could qualify to receive working tax credits if:

1) You are age 16 years or over

2) You work over a certain amount of hours per week

3) You get paid for the work you do

4) Your income is below a certain level

For more information and to see if you are eligible, please visit: https://www.gov.uk/qualify-tax-credits-quick-questionnaire

The average amount of Working Tax Credit is £1,920 a year, but it can be more or less depending on your circumstances and income. If you wish to work out how much Working Tax Credit you could receive, please visit: https://www.gov.uk/tax-credits-calculator

Care to Learn: Care to Learn is intended to help enable young parents under the age of 20 to return to, or continue in their education after the birth of a child by assisting with the costs of childcare and associated travel.

The scheme can pay up to £160 a week for each child. Childcare payments are made directly to the childcare provider and any travel payments are made to the young parent’s education provider.

For more information and to see if you are eligible, please visit: Care to Learn - GOV.UK (www.gov.uk)