Soldato
800 / 750, not that much difference?
No, but your £800 is for 3 days... It would be more like £1,300 full time
800 / 750, not that much difference?
Precisely, 15 free hours come in for April this year for kids 2 and over.. that's being extended to younger kids (1?) from September 2024. Was talking to our nursery manager yesterday as we're enrolling for the 15 free hours from April, it's the classic story of the government funding not getting even close to covering the nursery costs. Our nursery has increased meal costs for free hour kids from £9 a day up to £15!Aren't prices also going up because the government has reduced the age for the free hours again? And it's making further changes from September this year? So essentially nurseries make a loss on each child using free hours so they bump the standard cost up to accomodate for it.
We've not had our rise through yet - expecting it at some point before April - but currently we pay just under 1500 a month for our daughter and she's in from 8-5.30 for 5 days a week. That includes breakfast, lunch and tea (plus the snacks throughout the day) and we get a 10% discount on that 1500 as she's in full time.
I really rate our nursery, there obviously comes a point where the cost becomes tough to swallow but seeing how far she's come along, the variety of food she eats, the activities she gets up to etc. makes it much easier to justify.
My wife knows the chef at our nursery, he said although the nursery are increasing the cost for this, his budget remains the same.Our nursery has increased meal costs for free hour kids from £9 a day up to £15!
Oh yeh for sure, I'm fully aware the meal cost increase is just being used to fill the gap in other places. There's no way a 2 year old is eating 15 quid's worth of food a dayMy wife knows the chef at our nursery, he said although the nursery are increasing the cost for this, his budget remains the same.
No, but your £800 is for 3 days... It would be more like £1,300 full time
Oh yeh for sure, I'm fully aware the meal cost increase is just being used to fill the gap in other places. There's no way a 2 year old is eating 15 quid's worth of food a day
Yep, now makes it worth looking into again.So the changes to child benefit are interesting, I'm guessing there's going to be quite a number of other parents in here who were outside of the entitlement bands but will now fall back into it again with the threshold rise to £80k?
[Edit] https://www.gov.uk/government/publi...hanges-to-the-high-incomechild-benefit-charge
Seems we should hold off applying until 6th July to avoid paying HICBC for the 2023-2024 tax year
Mine aren't asking for brand new iPhones (yet), but even that's cheaper than nursery.
Am I getting confused between a (now) £60k limit and a £100k limit?
I thought that there was a £100k thing as well for 20% off nursery fees up to 2 years old?Current rules - anyone earning below £50k can claim child benefit. For every £100 over your earnings of £50000, you have to repay 1% of child benefit to HMRC, so that when you are earning £60k you no longer receive the benefit at all
New rules - anyone earning below £60k can claim child benefit. For every £200 over your earnings of £60000, you have to repay 1% of child benefit to HMRC, so that when you are earning £80k you no longer receive the benefit at all.
I thought that there was a £100k thing as well for 20% off nursery fees up to 2 years old?
Right, that's why I'm confused. And that hasn't changed?That's for tax free childcare, something different
Child benefit is a cash pay out every 4 weeks
100k limit is for 2k tax-free childcare. This hasn't changed it's just for folk earning below X with actual child benefit payments (unrelated to childcare or nursery).Am I getting confused between a (now) £60k limit and a £100k limit?