Childcare Credit Scheme: Hundreds more receiving early years’ support

Wednesday, 11 September 2024

Diverse group of young children enjoying class time

Nearly 1,300 parents are now receiving financial help towards early years’ education and childcare costs thanks to the Isle of Man Government’s new Childcare Credit Scheme 2024.

The updated scheme, which is a key milestone on the Government’s Island Plan, means that an additional 612 children are being supported this year so far.

The Childcare Credit Scheme 2024 which replaced the Pre-School Credit Scheme in April, extended financial help to parents of children who turn three in the academic year in which they apply, as well as those who turn four. 

Those eligible qualify for a universal credit of £4,166 per child, per year, to use with a Government registered childcare provider.

Daphne Caine MHK, Minister for Education, Sport and Culture, said:

'It is good to see hundreds more children and parents benefiting at such an important time in their lives.

'The Childcare Credit Scheme is a key part of Our Island Plan and aims to ensure that children in the Isle of Man have the best possible start in life, including equal access to early years’ education and childcare.'

Since the end of May when applications opened, 612 parents have successfully applied for support for children that turn three in this academic year, and 684 for those turning four.

More information can be found on the Childcare Credit page on gov.im.

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