What % of your take home pay goes on childcare ?

[Lasvegas]

Having one of those why does childcare have to come out of net pay, in my view it should be treated the same as pension contributions.

My childcare and cleaning costs are 50% of my take home /net pay. What about you?

it is 87% of my income
hmmm

which is 44% of our total income

so much that it will not be worthwhile for me to return to work after this current maternity leave, as i will need full time childcare for one under two, one under three and out of school care for 6yo.

I mean financially worthwhile of course. If I loved my job or was heading for CEO in a few years i woudl probably do it. If I was a single parent i coudlnt afford to work with such high childcare costs

0% , have MIL.

I pay £20 a week in playgroup for dd1 until January when I will get it free. Hurrah.

Am I hated now?

About 17% - one after school, one 5 days per week full time.

Actually Gobbledigook - people do already get tax relief on pension contributions.

I know. The OP was suggesting that childcare should be treated the same way.

...oops meant to also add - that this has been happening for years. One of the biggest things in the budget of recent years has been Gordon Brown's threat to remove extra tax relief that 40% tax payers can get on their contributions.i.e. additional percentage that you can claim back over and above the basic rate...but everybody is entitled and gets the basic rate relief.

Sorry - think I mis-read your post GDG! Apologies if it seemed as though I was 'teaching you to suck eggs' if you know what I mean !

Nope, twas fine!

15% of our take home pay goes on Private Nursery for my 2 kids.

do you all have really well paid jobs or amazingky cheap childcare ?????

Too depressing to work out - I think is about 30%

I've just gone back to work, and I think I must pay about 150% of my income to our childcare arrangements..... . I'm self employed and by the time I have paid my overheads, and caught up with all the overheads I had to continue paying while I was on mat leave... well, let's say I haven't paid MYSELF anything since I started 7 weeks ago.
I agree, can't stand that none of this is tax deductable and we all have to be taxed 234234234234 times over. Nursery will be so much cheaper, rock on ! Obviously dh's income is the same, can't possibly get my brain working enought to work out perdentage of total household income...

I use a childminder not a nursery.

I use a childminder too....who charges the going rate......

Should add they're only in Nursery 3 full days a week.

Orangina - I take it you don't work coz you need the money!! Its costing you 50% more than you earn to work????

I once worked out that ahve to earn about £50k gross (in my particular self-employed profession)to pay for nanny - find self unable to think about implications of that....

Hmm, we're average salaries, but I'll only be paying for one pre-schooler

I will admit to having a well paid job!

Popsycal - We get a discount for having 2 in the one Nursery. And ds gets his pre-school vouchers. Works out at £520 per month in total.

aha
you see i have a three year old who is in nursery school in mornings but still have to pay full time to childminder....
and also a 9 month old.....

I get 20p per hour discount for ds1
they are there 4 days a week 8-4

I used to think i had a well-paid job...

We are currently on a discounted nursery rate (a joining incentive) but when it goes up to full rate, it will be 28% of my take-home salary, or 14% of our joint take-home salary.

sackache, to be honest, it's not really 150% , it just feels like it! Also, getting all those costs cleared when I'm back at work is part of the reason I'm not able to pay myself. Am hoping to be back in the red early in the New Year.
But it's interesting that thing about whether it's worth it working.... If I was honest, the hassle etc would be less if I stayed at home, and we wouldn't be that much worse off, but it's worth staying working and in the industry as it were, for when childcare won't cost as much (ie when they are at school or in a nursery). It's a bugger that we have to make these decisions and that we don't get a break for any of them.... (tax or otherwise)...