what kind/how much financial help we could get.I know you can call or go on some website (OFSTED, and others) but I was wondering if someone from past experience could give me a rough idea?
We are both working full time and earning the average salary (£49k salary combined), living in central London.
I went to a local crèche the other and was told to expect to pay £700.00 per month to have the baby looked after Monday to Friday 9am to 5pm.
I am just wondering how we would afford this …
2007-01-30 21:30:40 · 9 answers · asked by Anonymous in Pregnancy & Parenting ➔ Other - Pregnancy & Parenting
On that income you will not qualify for any child care cost refunds. And, to be honest, you should not expect to - that's a decent income and the financial help is there for those on low incomes. A childminder is a much cheaper option - outside London they charge about £3 - 4 per hour. This is also a more personal approach. Your local council will have a list of registered childminders.
You can also hire a nanny or an au pair.
However, as a mum of 3 who works part time, I hope you are planning on being around for your child - two parents working full time is no way for a young child to grow up! I have to ask, if you are planning on being away from your child from 8-6 or 9-5 each day, why have a child at all? I don't mean to be rude but.....
Oh, OFSTED is the school inspection site - nothing to do with financial help at all.
I wish you a safe birth and enormous pleasure as parents - its a fabulous thing!
Jx
2007-01-31 23:16:55 · answer #1 · answered by kirroyale3 3 · 0⤊ 0⤋
You could try www.moneysavingexpert.com as there is a link on there which tells you what you are entitled to as regards benefits etc. I may be wrong but I think you would qualify for help with childcare via the tax credit system.
Failing that have you considered one of you leaving work to look after your child for a year or two- or do either of your employers offer extended leave with a view to return later?
Good luck either way, hope this helps.
2007-01-30 21:43:16 · answer #2 · answered by Anonymous · 2⤊ 0⤋
Tax credits are available if your combined income is below £30,000 (I think thats right, you'll need to check). Above that I don't think there's any assistance since its assumed you have enough to live on.
That seems a lot of money for a creche. You might be better off waiting til your child starts nursery or school before returning to work.
2007-01-30 21:43:48 · answer #3 · answered by sarah c 7 · 0⤊ 0⤋
I was in the same boat you are and I worked out the the government can help by giving you up to 80% of your child care back . check out www.direct.gov.uk it will tell you how much to can get back. also what does your work provide? some employers can purchase child care vouchers for you it means you don't end up paying as much tax I know leap frog day care are involved with the scheme maybe that can help . congrats. =)
2007-01-30 22:47:55 · answer #4 · answered by mum 2 Cameron and Ewan 5 · 0⤊ 0⤋
Try the website entitledto.com. It takes not personal details, just the circumstances, and will tell you what you can and can't claim for. You can even play with the scenario on it. That way you can find out the best way financially. £700 sounds cheap for a nursery place to me. Remember that you need to secure a place for your baby before s/he arrives (as in now) to ensure that you have a place for him/her to go to.
2007-01-30 21:46:27 · answer #5 · answered by bluebadger 3 · 0⤊ 0⤋
you can go on tax credits online (www.hmrc.gov.uk) where you just put all your information in and they will calculate what you will able to get including childcare allowence, if entilted to childcare allowence they will pay up tp 70% of childcare costs.Private nurserys are quite expensive have you not thought of a childminder these are usually cheaper you can get a list of childminders in your area from www.childcarelink.co.uk.
hope all goes well for you both and your new baby
2007-01-30 21:44:32 · answer #6 · answered by Becky K 1 · 0⤊ 0⤋
Try looking for an au pair, if you have the room in your home, accomodation & board, smaller cash payments may be a cheaper option.
Here are a couple of web sites
2007-02-02 07:31:34 · answer #7 · answered by tr1gger123 3 · 0⤊ 0⤋
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2016-05-01 02:27:10 · answer #8 · answered by emogene 3 · 0⤊ 0⤋
www.direct.gov.uk
2007-01-30 21:44:06 · answer #9 · answered by Megan xxx 3 · 0⤊ 0⤋