Universal Credit claimants with children will be receiving more money to assist with the cost of childcare from the end of this month. The Department for Work and Pensions (DWP) will be raising the maximum amount that parents on Universal Credit can claim back monthly for their childcare costs from Wednesday, June 28.
Parents with one child will be able to claim back £951 and £1,630 for two or more children, thanks to the expected increase. This is a significant rise from the current figures of £646 for one child or £1,108 for two or more children.
The 47 per cent increase will put up to an extra £522 a month into the pockets of those eligible. In addition to the rise, the Government has said it will assist eligible parents in covering the costs of the first month's childcare when they enter work or significantly increase their hours, The Mirror reports.