On Sunday, the Resolution Foundation thinktank reveals analysis showing that the new childcare support is heavily weighted in favour of better-off families. It has found that only 160,000 families in the bottom 40% of the income distribution will qualify for help, compared to 1.7 million in the top 40% ? largely because those earning under £10,000 are not eligible for help.
The government has put an additional £200m into universal credit to help the less well-off, but Vidhya Alakeson, deputy chief executive of the foundation, said too many of the working poor had been excluded: "This week the government announced new plans to reduce the burden of childcare costs on families. As part of that, it is very welcome that some families receiving universal credit will in the future see their childcare costs halved. But it is wrong for the new proposal to exclude many of the poorest working families who struggle greatly with the cost of childcare.
"As part of the government's forthcoming consultation, it is crucial that additional support is made available to families where a parent is working part-time and not earning enough to pay income tax."
im currently sahm but would like to go part time.
but any part nmw job would be under 10k a year.
because husbands over 32k gross we dont get tax credits.
we have 3kids 2preschoolers.
yes i have said on my other thread its perverse that helps coupples on 199-300k and does not help the low earners or reward everyone for work.