income tax/national insurance

You are here

Winter 2019 - Winter 2019
This page's content is available only to members.

You can join The Fostering Network to get full access.

Register and read complete article

Already a member? Log in

Tax and national insurance

All foster carers are treated as self-employed for tax purposes. There is a specific tax scheme foster carers can use called qualifying care relief. The scheme calculates a generous tax threshold unique to the fostering household and when compared with their total fostering payments determines if a foster carer has to pay any tax from their fostering or not.   For many foster carers their total fostering payments are below their tax threshold and they do not have to pay any tax.  

Subscribe to RSS - income tax/national insurance