The Department for Work and Pensions (DWP) are set to raise the maximum threshold for expenses regarding childcare for Universal Credit claimants later this month. As it currently stands, parents can claim back £646 for one child or £1,108 for two or more children.
However, these limits are set to rise to £95 and £1,630 respectively as of June 28. In its entirety, the 47 per cent rise will give eligible families up to an extra £522 each month.
The Government also announced that it will be helping eligible parents cover the entire first month of childcare as they enter work or significantly increase their hours of employment. It's all part of a move designed to assist those who are struggling to take on a job, or risk getting in debt through the hefty upfront costs associated with childcare.