Universal Credit’s maximum childcare payments will rise nearly 50% – up to £1,630 per month – from 28 June.
Mims Davies MP for Mid Sussex and Minister for Social Mobility, Youth and Progression, signed new regulations to raise childcare payments by nearly 50%, up to £1,630 per month.
As part of the Government’s biggest ever expansion to childcare provision, low-income families will be able to access increased childcare support worth a total of £900 million from 28 June.
Later this month, the Department for Work and Pensions will raise the amount that parents in Great Britain can claim back monthly for their childcare costs on Universal Credit up to £951 for one child and £1,630 for two or more children. This is a rise of 47% from the previous limits of £646 for one child or £1,108 for two or more children.
At the same time, the Government will help eligible parents cover the costs for the first month’s childcare when they enter work or significantly increase their hours, removing one of the most significant barriers to parents working and helping to grow the economy.
Those parents will also receive up to 85% of their childcare costs back before their next month’s bills are due – meaning they should have money to pay one month in advance going forward.
Commenting, Mims Davies MP, said:
I am immensely proud to sign these new regulations today, increasing childcare payments by almost 50%.
We have been working hard to support families with the largest ever expansion of free childcare, making sure that places will be available for parents who need them. This will save a working parent using 30 hours a week an average of £6,500.
We have already announced plans to boost the amount government pays childcare providers, and now we’re knocking down barriers to recruiting and retaining the talented staff that provide such wonderful care for our children.
Read more on the announcement here.
