Allowances and Benefits
All foster carers get paid a foster carer allowance, and it covers the time for when a child/young person is placed with you.
The foster carer allowance (or fostering allowance) is an amount of money paid to a foster carer to cover the necessities of the care of a child – this covers food, clothing, travel, holidays, activities, savings and pocket money for the child placed – basically, everything! We pay our foster carers on a monthly basis, but the fostering allowance is based on a weekly rate. The allowance covers both an element of care provided to the child (e.g. clothes, food, home) and a salary element to you as a foster carer. The fostering allowance is eligible for tax relief, so the majority of foster carers pay none or hardly any income tax on their foster care allowance.
At CFS we are open with you about finances and are happy to discuss your queries in an open manner. We consider that we pay a generous and highly competitive weekly amount to ensure that you can offer a child the best standard of care.
Foster Carer Allowances
Although the work of a foster carer is invaluable, there are of course financial benefits and monetary value to becoming a carer. Here at CFS Care, foster carers can earn upwards of £26,000 annually for caring for one child. This does not include any benefits carers can claim on top.
Holiday allowances
Birthday allowances
Christmas allowances, for gifts, Christmas dinner, etc., to take a bit of the pressure off!
School uniform allowances
CFS Care Summer and Easter parties!
Our extensive support package for all our carers includes:
For fostering one child in care, you will earn between £400-500 per week, depending on the child’s age.
You will earn between £400-475 for subsequent children after that.
To give an example, if you foster three children under the age of 10, you will receive £1375 per week, as well as the extra allowances and benefits you receive as a foster carer at CFS Care.
We also offer a fully integrated Therapeutic Fostering Service via TCP Therapy, which includes online training, group therapeutic workshops and one to one consultations with therapists who plan support and guidance for carers and therapeutic care plans.
