Here at Welcome Foster Care, we believe that carers should get all the support they deserve; that also includes the financial payments and support, as we understand the issues that carers face, especially if they have no means of income, being a full-time foster carer.
Very few, if any, go into fostering for the financial reward. However, we believe that it is important that foster carers are given financial payments that cover the ‘costs’ of caring for children in foster care as well as a ‘reward’ element that recognises your time and effort.
Depending on where you are in the country, due to regional differences in costs of living, the amount paid can not be set out as an exact figure.
However, depending on the region, we pay around £300 per week, per foster child. This figure may vary, could be more in case of a specialist fostering placement, and each case is reviewed individually. Sometimes these payments may be less and sometimes they may be more depending on the age of the child and their individual needs. This figure is also determined by where the carer lives.
As a carer, you are self-employed, but have to pay very little tax (or zero, in some cases) as you get tax relief.
Our payments are competitive, and paid bi-weekly.
To see the support we can provide, and how much you are entitled to as a foster carer, get in touch now by clicking here, or simply give us a call on 020 3397 3332 for the London/South England office, or 020 3397 3332 for the Lancaster/North England office.