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At the moment you need to earn
When our nursery hiked their fees before the parents kicked off, I worked out what the cost for our friends with 3 kids full time was grossed up.
Iirc you'd need to be earning >£86k to cover the bill.
hugo7-
Iirc you'd need to be earning >£86k to cover the bill.
Which is why everyone needs to respond to the Select Committee inquiry into it:
https://pregnantthenscrewed.com/we-need-you-to-respond-to-the-government-inquiry-on-childcare/
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Iirc you'd need to be earning >£86k to cover the bill.
The numbers are obscene. I reduced them in my post to avoid being cross-posted to golf club 😂
TooTallTim
NickCJ
I know it's common in lots of places, but what's the justification. Should renters be able to deduct rent from their income tax bill? Car loan payments? It just seems like a random bung to one segment of society.
The one I have more sympathy with is something like deducting the cost of childcare if you go back to work. You're paying someone's salary, which they are then paying tax on. At the moment you need to earn £50k gross to get a childminder £15k net or some stupid arithmetic like that.