Foster carers and prospective foster carers sometimes say they feel uncomfortable asking about money. But we'd like to reassure you that it's fine to ask about pay and allowances – in fact, it is very important.
Whilst we know money is not the main motivator for people becoming foster carers, we know our carers perform an incredibly important role so it's only right that it is properly recognised and remunerated.
Once we've approved you to provide paid foster care, you will receive foster care pay (known as a fostering allowance). For most foster carers, this will be tax free and will not affect any benefits you're currently receiving.
How fostering pay works
We want you to feel financially secure so you can focus your attention on providing great care and enjoying a good quality of life. That's why our foster care pay is above the government's recommended weekly allowance.
Here are some important things to remember about foster carer payments:
- you will be paid a fostering allowance for each foster child
- you probably won't pay any tax on your fostering allowance
- most state benefits are not affected by your fostering allowance
- you'll need to register as self-employed and pay National Insurance Contributions
- you might also be entitled to Working Tax Credit and other state benefits
If you take care of a local child, we'll take care of you. In addition to the fostering allowance, you'll get benefits including specialist training and access to perks that will allow you to have some family fun.
Our fostering allowances and payments are listed in our fostering financial handbook. If you'd like a copy, please email firstname.lastname@example.org