PAYING FOR YOUR CHILDCARE

At KIM Nursery, we are proud to offer high quality, affordable childcare in Edmonton. When your child starts with us, we will calculate your payment plan, taking in account the hours you need and any free hours your child is entitled to. Payments are due monthly in advance.

On the 1st of each month, you will receive an invoice requesting payment for that month. Payments are due by the 5th. Please note that fees are still payable if your child is absent due to sickness or any other reason.

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What help can you get with paying for your childcare?

Free Childcare for 2-Year-Olds – Early Years Free Education Entitlement Some two-year-olds are entitled to receive 15 hours free nursery education each week during term time. You can check if you 2-year-old is entitled to the free 15 hours by applying to your local authority. If eligible, you can claim your child’s free nursery place at KIM Nursery from the term after his/ her second birthday as shown in Table 1 below:  

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You can find out more information about eligibility and how to apply for free visits online by simply searching for ‘free nursery education’ or ‘early years free entitlement’.

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Free Childcare for 3 Year olds and 4 Year olds: Early Years Free Education Entitlement

All three- and four-year-olds are entitled to receive 15 hours free of early education. You do not need to apply to your local authority. Simply give KIM a call and arrange a visit. Your child will become eligible for the funding in the term after they become three years old and continue until they start in the reception class of their primary school. (Table 1 above to work out when your child becomes eligible.)

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30 hours free childcare for 3 and 4 year olds

From September 2017, the free nursery education offer will increase to 30 hours each week during term time for those three- and four-year-olds with parent(s) or carer(s) who meet the eligibility criteria. Parents will need to apply to claim the extra 15 hours. You can find out more information and apply visit Childcare Choices. Please note: You must continue to meet the criteria throughout the time that you are receiving funding for the full 30 hours. If there is a change to your circumstances (Example: you stop working) your child(ren)’s entitlement will reduce to the 15 hours. If you are eligible for the free 30 hours, you can claim your child’s place at KIM Nursery. Contact us now as we have limited places available for the 30 hours offer.

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Tax Credits
You may be qualified to get extra tax credits to help pay for some of your childcare costs while you are working. How much you get will depend on your income and how often you pay for childcare. For more information, visit Childcare Choices.

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Childcare Vouchers
Childcare vouchers are a scheme some employers offer to help working parents save on registered childcare costs. With childcare voucher schemes, you exchange part of your salary (up to £55 per week or £243 per month) for childcare vouchers of an equal amount. In doing so, you make a saving (up to £933 per year) as you do not pay tax or national insurance on contributions into a childcare voucher scheme. If this is something that you think may work for you, you will need to act quickly as Employer based childcare voucher schemes are been phased out. In April 2018, you will no longer be able to join or re-join a childcare voucher scheme.

 

However, if you are already part of one at that date, you can continue to use it until you decide to leave or your children no longer qualify. The childcare voucher scheme is been replaced by the tax-free childcare scheme, which launched in early 2017.

If you are already receiving childcare vouchers (or your employer offers them), then it might be a good idea to read Childcare Vouchers vs. Tax-Free Childcare to see which one would be better for your family. Note: In April 2018, you will no longer be able to join a childcare voucher scheme.

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Tax free childcare
The tax-free childcare sheme was introduced in January 2017 to help parents with the cost of childcare. It will be available to all parents by September 2017. To qualify, parents will have to be in work, earning just over an average of £50 a week and not more than £150, 000 per year. For more information and to apply visit Childcare Choices. If you are eligible, the government will top up any payments you make into your childcare account by 20%, up to a total of £10, 000. This is the equivalent of up to £2, 000 support per child per year.

Help with childcare costs for those who are studying.

You may be eligible to get help with childcare costs if you are studying. For more information visit Childcare Choices.