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Tax Credits - Nursery Payments
shebanjoed
Posts: 137
Forumite
I currently get tax credits which nearly covers one day a week childcare. When my daughter is entitled to the the government funded nursery places I think this payment would cover 2 days (including the funded places).
I've just found out that the funded places do not cover summer/easter holidays. (Yes, my first child and I am totally ignorant of the whole nursery/payment/places thing).
So my question is as I won't have the money to cover summer holiday payment would tax credits be increased for this period of time?
Granted this may be a stupid question and if there is anywhere else on the board where folk are discussing this please direct me. I've had a look and can't find anything. My head is about to explode with having to sort nursery provision for Jan 2010 and getting the right option.
Cheers.
I've just found out that the funded places do not cover summer/easter holidays. (Yes, my first child and I am totally ignorant of the whole nursery/payment/places thing).
So my question is as I won't have the money to cover summer holiday payment would tax credits be increased for this period of time?
Granted this may be a stupid question and if there is anywhere else on the board where folk are discussing this please direct me. I've had a look and can't find anything. My head is about to explode with having to sort nursery provision for Jan 2010 and getting the right option.
Cheers.
0
Comments
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Hi, you will need to work out how much you will be paying for all of the weeks that there is no funding i.e. half term, easter, summer, christmas - and then thats your childcare amount for the year so you just need to divide it by 52 to get your weekly amount...
Hope that helps!
Flipped0 -
Have a read of the form WTC5 available from HMRC webiste. It's all explained in there.0
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