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Childcare Costs Help Please!

Merchandiser2367
Posts: 211 Forumite

Hope somene can help - our baby daughter will be going into childcare 3 1/2 days a week from 01/10/15 - she will be 10 months old at this point.
My wife and I are on moderate salaries and the childcare will be costing approx £900 a month Which is a good chunk of one of our wages each month.
Does anyone know if we are entitled to any help with this childcare cost? I've read that only from 2 years plus we can get help but am very confused with it all??
Any advice anyone can offer would be much appreciated
My wife and I are on moderate salaries and the childcare will be costing approx £900 a month Which is a good chunk of one of our wages each month.
Does anyone know if we are entitled to any help with this childcare cost? I've read that only from 2 years plus we can get help but am very confused with it all??
Any advice anyone can offer would be much appreciated

Mortgage When Started Over Pay 01/11/2017- £146,500
Current Total - 10/02/2022 - £6,500 (With Offset
£10k Savings)
5 year fix
MFW hopefully by March 2022
01/11/17 - £10k / £10k Emergency Savings :beer:
Current Total - 10/02/2022 - £6,500 (With Offset
£10k Savings)
5 year fix
MFW hopefully by March 2022
01/11/17 - £10k / £10k Emergency Savings :beer:
0
Comments
-
blondebubbles wrote: »We would need you to be more specific about your income.
Can you confirm you and your partners income for the last tax year and an estimate for the current tax year?
What hours do you both work?
Thank you
I work 37.5 hour a week and the wife will be working around 26 hours.
Combined income will be around £45,000 roughlyMortgage When Started Over Pay 01/11/2017- £146,500
Current Total - 10/02/2022 - £6,500 (With Offset
£10k Savings)
5 year fix
MFW hopefully by March 2022
01/11/17 - £10k / £10k Emergency Savings :beer:0 -
blondebubbles wrote: »As mentioned, it depends on your income for each tax year.
If the household income was £45,000 for both last tax year and this tax year then you wouldn't be eligible for any help.
https://www.gov.uk/government/publications/tax-credits-entitlement-tables-working-at-least-16-hours-and-paying-childcare/tax-credits-entitlement-tables-working-at-least-16-hours-and-paying-childcare
Thanks again !
Do you know at what age we are elidgible for help? I've read that free chilcare is increasing to 30 hours? At what age is this for?Mortgage When Started Over Pay 01/11/2017- £146,500
Current Total - 10/02/2022 - £6,500 (With Offset
£10k Savings)
5 year fix
MFW hopefully by March 2022
01/11/17 - £10k / £10k Emergency Savings :beer:0 -
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