Allowances For Carers
Fair Ways Foster Care recognise the challenges of the fostering task and the vital role that our foster carers play with offering a child/young person a placement. We believe in treating our foster carers as child care professionals and therefore pay our carers a foster carer allowance as a reward for their skills, commitment and care.
In order to allow foster carers to take full advantage of some tax benefits given to them by the Inland Revenue all our foster carers are deemed by the Inland Revenue to be self-employed.
It is not possible to cover every foster carer’s specific and personal circumstances, we recommend that foster carers seek advice from their local Inland Revenue office once they are approved as a foster carer.
Carer allowance payments
Fairways Foster Care pay the fostering allowance to foster carers by BACS on designated days each month. Payments of foster carer allowances and fees are made promptly at the agreed times and foster carers are provided with a detailed statement of payments at the end of each tax year.
About carer allowance
Foster carers receive a payment for each young person they look after and as an independent fostering agency, we are mindful to take into account government recommended National Minimum Fostering Allowances. Fairways Foster Care, pays a competitive weekly rate taking into account individual relative experience and commitment to on-going professional development. The payment foster carers receive is divided into two parts. Firstly the maintenance element, (covering the cost of looking after a child/young person) and secondly, the reward element (in recognition of the foster carer’s skills). Fostering allowances are paid on a fortnightly basis to foster carers when there is a young person in placement. Dependent on individual situations, a retainer payment can be made in certain circumstances.
What the maintenance element covers
- Pocket money/savings
- Christmas, Birthday or other festival presents
- Leisure activities, including holidays
- Transport within a 20 mile radius