It's ok to ask what financial support is available to you as a foster carer.
We are here to answer any and all questions you have.
As a foster carer you will receive a generous fostering allowance when a child is in your care. You may also be exempt from tax on this allowance.
You’ll need to register as self-employed and pay NI contributions, and you might also be entitled to Working Tax Credit.
We really value our NFA Fostering Family carers and the children they care for, and we believe it’s really important for them to have a good quality of life. To discuss our fostering allowance further please contact us on 0800 044 3030 .
It’s intended to cover all the needs of each foster child including food, clothing, travel, activities, savings and so on. We provide clear guidance on how you can best spend the money so that the child has a healthy, happy and balanced life.
In general, foster carers are exempt from paying tax on the fostering allowance.
The exception to this would be if you are a foster carer with multiple placements or additional work that gives you an income above the current government threshold.
For tax purposes, foster carers are regarded as self-employed. You can find out more about this from HM Revenue & Customs.
All foster carers must register as self-employed and pay National Insurance contributions. Find out more by contacting the newly self-employed helpline.
Fostering counts as self-employment, so you may be entitled to Working Tax Credit and also Child Tax Credit if you have children of your own.
To find out if you are eligible for any additional benefits or fostering allowances, please contact the Department for Work and Pensions (DWP).