This summer, the Department for Work and Pensions (DWP) is offering a payment of up to £1,739 per month to help parents with childcare costs. This support is especially beneficial for those on Universal Credit. In this article, we’ll cover who can apply, how to apply, and the benefits of this scheme. Let’s dive into the details to ensure you get the most out of this financial aid.
Financial Support Overview
The DWP provides significant financial help throughout the year, and this summer, parents can receive up to £1,739 per month. This is a great way to assist parents who are juggling work and childcare expenses. Unfortunately, many parents might not know about this support and could miss out on this valuable aid.
Childcare Cost Reimbursement
If you are paying for childcare for kids aged between nine months and five years, you can claim a substantial part of your costs back through Universal Credit. This covers expenses for various types of childcare, including preschool, after-school clubs, nannies, and holiday clubs.
Eligibility Criteria
Who Can Qualify?
To be eligible for the DWP £1,739 payment this summer, you must meet these criteria:
- Childcare Costs: You can claim up to 85% of your childcare costs through Universal Credit.
- Maximum Amounts: The maximum claim is £1,739 per month for two children or £1,014 per month for one child.
- Income Threshold: Typically, households need an annual income below £40,000, or £50,000 for larger families.
Application Process
You can apply for this support up to three months in advance. Payments are made after your claim is processed, so you’ll receive the financial support on time.
Payment Dates
Child Benefits are claimed by about 6.9 million families and are usually paid weekly, either on Monday or Tuesday. Single parents on Universal Credit can also receive these payments. The current rates are:
- First Child: Up to £25.60 per week.
- Subsequent Children: £16.95 per week for each additional child.
Complexity of Claims
Applying for these benefits can be complicated, so it’s a good idea to get advice from authorities or professionals. This will help you understand your rights and maximize your benefits.
How to Apply
Online Application
You should apply online through the official Gov.UK portal. If you’re eligible for Universal Credit, you’ll also get the ‘Child element,’ which adds an extra £288 per child each month to your regular payment.
Setting Up a Childcare Account
You need to set up a childcare account on the official portal. Payments will be sent directly to the bank account linked to this childcare account. Make sure to complete your claim within 28 days of signing up, or you’ll need to reapply.
Assistance and Support
If you have trouble with your application, contact HM Revenue & Customs for help. They will assist you in resolving any issues and ensure the process goes smoothly.
Additional Information
Adjustments and Benefits
The government adjusts benefits regularly to help with rising costs. Parents with children aged nine months to five years who receive Universal Credit are eligible for this support. Note that childcare must be provided in person, not online.
Alternative Schemes
If you don’t qualify for Universal Credit, you can look into the Tax-Free Childcare scheme. This offers a 20% discount on childcare costs, covering up to £10,000 per year.
For instance, if you pay £8,000, the government adds £2,000, significantly reducing your expenses.
The DWP £1,739 payment this summer is a crucial support scheme for families dealing with childcare costs. By understanding the eligibility criteria, application process,
and benefits, you can make the most of this financial aid. If you’re not eligible for Universal Credit, consider the Tax-Free Childcare scheme as a valuable alternative.
1. What is the DWP £1,739 payment for parents?
The DWP £1,739 payment is a financial support scheme for parents this summer, offering up to £1,739 per month to help cover childcare costs. It’s available to those on Universal Credit and aims to ease the financial burden of working parents.
2. Who is eligible for the DWP £1,739 payment?
To qualify, parents must be on Universal Credit, paying for childcare for children aged nine months to five years. They can claim up to 85% of their childcare costs, with a maximum payment of £1,739 per month for two children or £1,014 for one child.
3. How do I apply for the DWP £1,739 payment?
You can apply online through the Gov.UK portal. Make sure to set up a childcare account and complete your claim within 28 days of signing up. If you need help, contact HM Revenue & Customs.
4. When will I receive the DWP payment?
Payments are processed after your claim is submitted. The funds are sent directly to your bank account linked to your childcare account. Claims can be made up to three months in advance.
5. What should I do if I don’t qualify for Universal Credit?
If you don’t qualify for Universal Credit, consider the Tax-Free Childcare scheme. This scheme offers a 20% discount on childcare costs, up to £10,000 per year, which can significantly reduce your expenses.