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:
HM Revenue and Customs
From their website:
How much help with childcare costs will I get?
The childcare element can help with up to 80% of your eligible childcare costs.
There are limits on the weekly costs you can claim. If you pay childcare for
one child, the maximum you can claim is £175 a week two or more children,
the maximum is £300 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
|
£175
|
80%
|
£175 x 80% = £140.00
|
|
Two or more children
|
£300
|
80%
|
£300 x 80% = £240.00
|
|
|
