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How Much Do Fosters Get Paid?

If you’re wondering about becoming a Foster Carer, a number of questions might arise. Do I receive emotional support? How much would do I get paid? Would I be qualified?

 

In terms of payment and allowances, Foster Carers receive a weekly payment. This helps you care for the child and keep them warm, safe and well-nourished. This payment consists of two different instalments: one for the aforementioned, the other as a fostering fee for you.

 

Payment differ depending on a number of factors such as the child’s age and whether they are part of a sibling group. The payment starts at £340 per week and increases according to age and requirements.

 

Fostering is also recognised by the HMRC as self-employment. This means you will receive generous tax benefits, which could further help you. Many foster carers pay no tax at all. The threshold for the Foster Care tax scheme is £10,000.00. This obviously applies to a vast majority of carers.

 

For an organisation that offers full support, visit Foster Careline today. We can offer further information and advice on the entire process.

 

To discover more today click here.

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