Our foster carers’ allowances and support
Fostering for You pays generous fostering allowances which take into account the needs of the child in your care and the type of care that is required. The allowance allows you to meet the practical needs of the child and to be remunerated for your household expenditure and carrying out the fostering tasks.
Average annual earnings for our foster carers
On average our foster carers are currently receiving earnings from fostering equivalent to £44,601 per year*. This includes foster carers who are caring for more than one child at a time.
Average annual earnings for fostering one child
On average our foster carers who only foster one child at a time are currently receiving earnings from fostering equivalent to £23,727 per year*. This includes those who are caring for children either with or without special needs.
Other financial benefits
Each foster carer receives two weeks holiday allowance per year of fostering which enables you to take a well earned break if you need to or to add to your overall allowance for the year.
To assist you in meeting all of the diverse financial needs of a child you will receive additional allowances; for example a special clothing allowance when a child is first placed with you or additional financial support for leisure activities during the summer holidays.
If you lack key items of essential furniture for any bedrooms that you are using for fostering, Fostering for You will provide you with a furniture grant to help towards getting the rooms ready.
*Tax Allowances for foster carers
The government has provided tax allowances for foster carers which take into account your costs for caring for the children in your care. Therefore as a foster carer you will be allowed to keep significantly more of your earnings than would be the case for other occupations. This means that the average earnings quoted for foster carers are equivalent to much higher salaries where the normal rate of tax is applied.
As one of our foster carers you will be able to draw upon the excellent practical support that is available from our Support Worker team; this includes help with transport and child care if you need it.
Fostering for You will also support you to acquire certain items of essential equipment which may be required for specific children.
We are flexible
At Fostering for You we take pride in the extensive range of support that is available for our foster carers as standard however we know that each carer’s circumstances are unique and that often it is necessary to tailor packages of support to reflect this. Therefore we will always be flexible and sensitive to your individual needs with the financial and practical support that we will give you.
Please contact us to have a chat if you would like to know more about the allowances and support that we offer.
Thinking of fostering with us?