On any one day, it’s estimated there’s more than 63,000 children living with foster families in the UK, which is a startling statistic.
Anyone can apply to become a foster carer, including those over 65, living in rented accommodation, or who are single. The most important thing is that you understand the complex needs a foster child has and can fully support them emotionally.
If you’re thinking of becoming a foster carer, you might be wondering whether you get paid, as naturally you will need to support yourself and the child.
If you’re wondering how much foster carers get paid, you’ll find every carer receives a weekly allowance to help support you and the child.
Furthermore, you will also receive generous tax breaks; thanks to the introduction of tax relief for foster carers in 2003, you don’t need to pay tax on an income from fostering. The threshold for the Foster Care Tax Scheme (which applies to most carers) is £10,000 a year.
You can find examples of how much you could get paid on our website. The amount you receive depends on the child’s age and whether they’re part of a sibling group.