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Parenting

For free parenting resources please check out the Early Years Alliance's Family Corner.

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Original poster

New Funded childcare hours - 100k limit?

76 replies

Diamond345 · 21/09/2024 15:08

Hi all

Is anyone aware of the limits of getting the funded hours? DH recently got a new job with a 100k salary, we pay £1500 a month on nursery which is a real stretch for us, due to mortgage, bills and other outgoings.

I appreciate that we are fortunate to have a higher salary in our house, but feel like with DH new salary we are loosing out massively as he is just on 100k so I'm not sure if we can still claim or not.

If you are bang on 100, does that count or is it only above 100k?

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badgerpatrol · 23/09/2024 10:06

TerroristToddler · 23/09/2024 09:54

"I get £20pw child benefit, and the free nursery hours everyone else gets."

...That's the point of this thread. £100K and you don't get any of that, or tax-free childcare. Simultaneously, you also begin to lose your tax personal allowance, so by the time you're at about £125K every single penny you make is taxed (including on savings, as you also lose savings allowance too). It all hits at once and means people earning just over £100K have a marginal tax rate of 100% in some cases.

You can go on about people checking their privilege as much as you like. But would you HONESTLY not use a perfectly legal way of keeping your income just below £100K so that you're not WORSE OFF? Would you happily work more for nothing? This is often about workers being genuinely better off (in terms of money in the pocket) on £99,999 than they are when earning £100-125K. In what world is it sensible for someone to have genuinely less money in their pocket for earning more? It's not. And this is why people throw money in their pensions to reduce their income level, or go part time.

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Yes, I have no problem with this. I keep my income under £50K by throwing a bit extra into my pension. I have no problem with anyone else's choices, and I think the set-up is unfair for single/solo parents, people just over any of the thresholds like £100K for example. Bit confused why you think I have a problem with it, I am just stating that the issue around the cliff-edge of £100k isn't a unique situation. As lots have stated, try being a single parent dealing with that cliff-edge, much worse than a dual high earning couple dealing with it. Happy for the gov to help all families no matter their income situation to get rid of these cliff-edges which appear at each income bracket.

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