HELP with COSTS

 

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Did you know that you may be able to get help with the cost of childcare (as long as the childcare provider is 'Registered' or 'Approved)?

I have copied a small section from the Inland Revenue website to give you an idea of what you are entitled to.  For full details, follow this hyperlink to the section about Child Tax Credit and Working Tax Credit: 

http://www.hmrc.gov.uk/pdfs/wtc_5.htm#2a

From their website:
 

How much help with childcare costs will I get?

The childcare element can help with up to 70% of your eligible childcare costs.

There are limits on the weekly costs you can claim. If you pay childcare for

bulletone child, the maximum you can claim is £135 a week
bullettwo or more children, the maximum is £200 a week.

The table below shows the maximum amount you can get, but the actual amount will depend on your income.
 

Number of children
Weekly limit on costs
Percentage of costs covered by childcare element
Maximum childcare element available
One child
£135
70%
£135 x 70% = £94.50
Two or more children
£200
70%
£200 x 70% = £140.00

 

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       This site was last updated 16/12/2005 10:58