There are many questions which crop up from potential foster carers. Understandably, one of the biggest concerns is regarding financial support.
So, the question is, do you get paid to become a foster carer?
The answer is an emphatic ‘yes’- fostering can not only be rewarding but financially viable as a career.
Our foster carers get a generous allowance every week, and will receive excellent tax allowances, with the threshold for the Foster Carer Tax Scheme being only £10,000, which means most carers qualify.
Your allowance will depend upon on the child’s age and whether or not they’re part of a sibling group. You can find examples of the types of allowances received on our website. This payment is to provide care for the children’s needs, but also includes a fostering fee for you.
Since it’s recognised by the HRMC as self-employment, most carers pay little tax.
Along with financial support, Foster Careline also provide high levels of emotional support for carers throughout their time with us. Our support packages have been developed by listening closely to our foster carers’ needs.