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Junior Individual Savings Accounts (ISAs)

What is a Junior ISA? A Junior ISA is a tax-efficient investment wrapper that allows parents, grandparents, friends and guardians to invest on a child's behalf. The income and profits earned on the investment will be tax-free. As with standard adult ISAs, there are also cash…

Child Trust Fund

Child Trust Funds are closed to new accounts. You may be able to open a Junior ISA instead. What happens to my child's existing Child Trust Fund account? If it has already been opened, it will continue as usual - and the child will not…

Paying for childcare - Help for working parents

Parents can apply online and follow a simple guide to see if they are eligible for Tax Credits. The independent Money Saving Expert website run by Martin Lewis, the finance expert, also has some really useful information on it. Shelter, the housing and homelessness charity…

Tax Credits

Tax credits can help families with children or those who need help paying for childcare. Nine out of ten families with children are eligible for tax credits. Helplines The Tax Credit helpline can help parents to complete their claim form or check the progress of…

Paying for childcare - Help from your employer

If you are working, ask your employer about childcare help they could offer. There are some good reasons why more and more employers are looking at their employees' childcare needs and trying to find ways to help. Employers rely upon parents as part of their work…

Paying for childcare - help for students

Multiple types of financial support is available to students to help fund general learning and childcare costs. Southampton Children and Young People's Information Service will be happy to give you information about finding and choosing high quality childcare that will suit your child, or try our…

Paying for childcare - Help for lone parents

Work preparation support Work preparation support is provided by Job Centre Plus for getting people back into work. A lone parent, whose youngest child is under 16, and is either not working or is working under 16 hours a week, can get help under this scheme. There…

Child Benefit

Child Benefit is a regular payment made to anyone bringing up children. It is paid for each child that qualifies and isn't affected by income or savings. Who is eligible? You'll be able to get Child Benefit if you're bringing up a child who is…

Care to Learn - Childcare funding for teenage parents

Care to Learn (C2L) provides financial support for teenage parents who want to continue in, or return to learning. It helps with the cost of their childcare and travel. What learning can a young parent do and what childcare will be funded? Care to Learn…

Childcare Vouchers vs Tax-Free Childcare

What is Tax-Free Childcare? Tax-Free Childcare is a new government initiative which being slowly rolled out from early 2017, and will replace the existing Childcare Voucher Scheme in April 2018. For eligible families, Tax-Free Childcare offers to cover 20% of childcare costs (up to £2,000 per child, per year), for…
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