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Understanding fostering allowance and fees in Bury, Greater Manchester

Make sure you understand what fostering allowance and fees you will be entitled to if you care for a child in Bury, Greater Manchester. As a foster carer, you receive a professional fee and a weekly child allowance. These payments are not means tested and you may also be eligible to receive benefits such as child tax credits. All allowances are paid to foster carers two weeks in arrears. Get in touch with Foster with Bury today to find out more.

Fostering allowance

The level of fostering allowance varies according to the age of the child. There are four age bands:

Fostering Allowance

  • 0 – 4 years

  • 5 – 10 years

  • 11 – 15 years

  • 16 – 17 years

Furthermore, the fostering allowance is broken down into three elements:

Maintenance

Maintenance

  • Food (including school lunches)

  • Leisure activities and hobbies (including scouts, guides, and sports clubs)

  • Toiletries

  • Haircuts

  • Telephone calls

  • Transport, including bus fare

  • Utility costs (e.g. heating, lighting, and washing costs)

  • Keeping a record of events and memories about and for the child

  • Pocket money

  • Clothing

Special occasions

The following are paid separately and in addition to the above:

Special Occasions

  • Holiday grant

  • Birthday allowance

  • Christmas/festival allowance

  • Exceptional mileage

Fostering fee

Foster carers also receive a professional fee in addition to the child’s allowance which in line with your personal training and development. in recognition of their completion of pre-approval and/or mandatory training. All foster carers are expected to attend training to maintain and update their skills and knowledge of fostering. The payable fee element is divided into two age bands – under 11 years and over 11 years.

Tax and insurance

Foster carers must register as self-employed and submit a self-assessment tax return. HMRC has several online services to support foster carers, including:

Tax and Insurance

  • An e-Learning link

  • Ready Reckoner – this calculates how much tax and national insurance need to be paid on your self-employment earnings

  • Webinars covering foster carers’ expenses,self-assessment,and record-keeping

  • @hmrcbusiness twitter account,designed to help businesses

  • Facebook – hmrc promotes key dates in the gov.uk calendar

  • Youtube – short videos covering subjects such as registering as self-employed and record-keeping

  • Business support app – allows access to all the above via a tablet or mobile device

As for insurance, foster carers must have car and household content insurance. You must inform your car and household content insurers when you become a foster carer. Finally, all foster carers are also covered by Bury Council's public liability and professional indemnity insurance.

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