Grandparents can get £260 a year for looking after the kids - News Summed Up

Grandparents can get £260 a year for looking after the kids


Childcare credits were first introduced in 2011 to help support those who may be missing out on their state pension. More than 20,000 grandparents have made use of childcare credits since it launched, however as much as 80% of the population could be missing out. It's not just for grandparents thoughThe Grandparents' credit is just one element of specified adult childcare credits which covers anyone looking after a child that's related to them, full time. If you have any issues with the applications process, you can call the National Insurance helpline on 0300 200 3500. Each yearly credit is worth 1/35 of the value of the state pension, which is currently around £260 per year.


Source: Daily Mirror October 08, 2020 14:38 UTC



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