Fostering Allowance Calculator

Here at TACT, we understand how important financial wellbeing is when considering whether to become a foster carer. The fostering allowance you will receive will be dependant on a number of factors, such as the number of children you provide care for, their age{s), and the type of fostering you choose to undertake. Use our Fostering Allowance Calculator to get an average ‘per annum’ estimation of the allowance you could receive.

Did you know…

Foster carers are subject to special income tax arrangements, under the Government’s Qualifying Care Relief package, meaning foster carers do not pay tax on substantial earnings?
TACT operates a unique Council Tax Contribution Scheme for foster carers, whereby TACT will make sizable contributions towards a carers’ annual council tax bill?
TACT’s unique Making Spaces scheme provides current foster carers with an opportunity to apply for a house renovation/extension grant – with the goal of providing more spare bedrooms for fostering?
TACT offers a discretionary fund to help foster carers facing unexpected financial circumstances? This funding is provided as a grant and does not need to be repaid.
Although most fostering providers only pay allowances when their carers are actively providing care for children, TACT pay retainers for some types of fostering even when there are no children placed?