In the UK you can claim £2,000 a year of tax-free childcare per child GETTY IMAGESYour home used to be the biggest monthly expense; no longer if you are a working parent of pre-school children. Full-time nursery care for a child under the age of two costs an average of £1,065 a month, compared with a typical £658 mortgage payment or £833 rent for people aged between 29 and 34, according to Royal London, an insurer. Unicef recently ranked the UK in the bottom ten of developed nations for generosity of parental leave and affordable childcare. The charity believes that parents should be entitled to at least six months of paid leave, and universal access to good quality, affordable childcare from birth to the first year of school. Theresa May, the outgoing prime minister, this week said that she wants…

Source: The Times June 28, 2019 15:22 UTC