Parents receiving Universal Credit will see a major increase in their payments from today resulting in up to £522 extra a month.
Universal Credit childcare cost payments are rising by 47 per cent today which means working parents will be able to receive up to £951 for one child or £1,630 for two or more children every month to cover the cost of childcare while working. The Department for Work and Pensions (DWP).
Previously, childcare payments were capped at £646 for one child or £1,108 for two or more children. The government is also helping parents cover the cost for the first month of childcare when they either enter work or increase their hours offering up to 85 per cent of childcare costs back before monthly bills are due.
