‘You Asked’ is a series of insights from the boosst team. You, our clients, have a wonderful ability to ask relevant and thought-provoking questions… which are often (but not always!) related to financial planning. boosst is a trusted source of knowledge and independent advice, so it makes sense that you come to us with a broad range of questions – which can vary from ‘Which car should I buy?” to “What’s the best way to teach our children about money?”.
This guide was written by Gabby.
You Asked: Childcare… how can I get maximum benefit from government funded schemes?
We all know that raising children is expensive… but who would have thought that the early years are some of the most financially demanding? From the moment you discover you are expecting, to the day you bring your baby home, there is so much to think about as a new parent!
This guide is aimed at families living and working in England, and will remove some confusion around childcare support available to new parents. We hope this allows you to focus on the truly important aspects of parenthood!
We start by explaining the ‘Tax Free Childcare‘ scheme and then move onto the ”Free Hours” that give working parents either 15 or 30 hours of free childcare per week. It’s important for parents to understand each scheme and to remember that you can qualify for both.
Click on the image below to download our guide:
Need help understanding your personal scenario?
Even with this guide produced, we know that each families situation is different and the rules are not straightforward to interpret.
If you are a boosst client, please contact your lead financial planner, and we will setup a call to assist further.
If you are not yet a boosst client but would like one-off help, you can schedule a meeting with Gabby, our resident expert, for a fixed fee of £250. Book a convenient time here: LINK