30 hour childcare for Self employed

Polly22

Hi everyone,
It's my first time posting in this group, I hope I've posted in the correct place.
Can anyone help me..

I'm self employed, online seller, work from home, work over 20 hours a week.
I've been self employed over 12 months now, last year I took £17,000 but my business made a loss as purchased a website, computer etc.
So this year I'm hoping for £20,000 turnover (hopefully more) unsure how much profit as been on a few business courses and made some bad buys. Profit maybe less than 5k.

I only take out £200 a month for myself as a wage and rest stays in my business bank account. I'm not limited company so the business money is still classed as my own. I can't afford to pay myself anymore yet as want to keep growing my business and buying more and more stock in.

Question is.. Am I entitled to 30 hours free childcare for my 3.5 year old? Does it go on profit or turnover?

Thanks loads

andrewmp

you have to earn whatever 16 hours times the minimum wage is , so you should be fine. Isn't that about £120?

andrewmp

Each parent over the age of 25 must earn at least £115.20 a week at current
rates (as of November 2016). This is the equivalent of 16 hours at the National
Living Wage.
If you are aged between 16 - 24 you must earn at least £64.00 - £111.20 at
current rates (as of November 2016) - depending on your age. This is the
equivalent of 16 hours at the National Minimum Wage for your age.
If you are on an apprenticeship, you must earn at least £54.40 a week at current
rates (as of November 2016). This applies for apprentice parents under the age
of 19, or older apprentice parents in the first year of an ap

Polly22

I'm 36, I earn enough in takings but is it profit or takings?