We recognise the challenges of fostering and the vital role that our foster carers play in the communities they live in. As a result, we firmly believe in treating out foster carers as child care professionals and pay them each a foster carer allowance as a reward for their services and skills.
In order to allow foster carers to take advantage of some tax benefits given to them by the Inland Revenue, all foster carers are deemed to be self-employed. As it is not possible to cover every foster carer’s specific circumstances, we recommend that foster carers seek advice from their local Inland Revenue office once they are approved as a foster carer.
We provide any training you will need and you will become a member of the National Fostering Network who will be able to give you independent advice.
Foster Carer Allowance
Foster carers receive a payment for each young person they look after. As a national fostering agency, we are mindful to take into account government recommended National Minimum Fostering Allowances.
The payment foster carers receive is divided into two parts:
- the maintenance element (covering the cost of looking after a child/young person), and
- the reward element (in recognition of the foster carer’s skills).
Fostering allowances are paid to foster carers when there is a young person in placement.
The maintenance element covers items, such as:
• Pocket money/savings
• Christmas, birthday or other festivity presents
• Leisure activities, including holidays
• Transport within a 20 mile radius
Payment of the Foster Carer Allowance
Family First Fostering recognises the importance of prompt and regular payments to all its foster carers. We therefore endeavour to pay the fostering allowance 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.