There are various methods of funding to help you to pay your childcare fees, including:
- Tax Credits
- Childcare Vouchers/ Tax Free Childcare Scheme
- Preschool Council Funding
The following information was taken from the Scottish Family Information Service:
Tax credits are payments from the government. If you’re responsible for at least one child or young person, you may qualify for Child Tax Credit. If you work, but are on a low income, you may qualify for Working Tax Credit. You can often get both types of tax credits.
Child Tax Credit is paid to you if you are responsible for at least one child or young person who normally lives with you. You don’t have to be working to claim Child Tax Credit.
Working Tax Credit offers financial support for families on a low income. The amount paid depends on the person’s income and the number of hours they work per week; you can claim whether you’re an employee or a self-employed person. There is a childcare element to this which can offset any registered childcare costs.
If you would like further information on Tax Credits, please visit the Directgov website.
We accept all childcare vouchers towards payment of fees. The following is taken from the Scottish Family Information Service.
The Childcare Voucher scheme provides savings for employers and employees. Your employer may offer you childcare vouchers (including vouchers in return for a reduction in your pay – known as a ‘salary sacrifice’) to help with your childcare costs. This may affect the amount of tax credits you can get. Employees can only use the childcare vouchers to pay for childcare that has been registered or approved.
If you would like more information on Childcare Vouchers please click here
Preschool Council Funding
Nursery Times by the River is in partnership with West Dumbartonshire Council to provide children with their entitlement to free pre-school education. Children are entitled to pre-school funding when they turn 3 years old within 3 intakes within the year.
- August intake is for any child who turns 3 before the last day in August.
- January Intake is for any child who turns 3 before the last day in December.
- April intake is for any child who turns 3 before the last day in February
Funding application forms and information sheets will be given to children who are due to get funding 6-8 weeks prior to the funding term. These are distributed in the nursery and must be completed and handed in as soon as possible to prevent a delay in funding.
West Dunbartonshire council doe allow split placement funding subject to their approval.
At Nursery Times by the River a funding discount is allocated 11months of the year to the child’s account. July is a non-funded month and full fees are due payable on the 1st.