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Page last updated at 17:34 GMT, Friday, 4 May 2012 18:34 UK

Money Box Live: Finances of Childcare

children painting
BBC Radio 4's Money Box Live
Wednesday, 9 May 2012 at 1502 BST On Radio 4 and Online

The costs of childcare have risen faster than inflation with nursery fees for the under-twos going up by almost 6%, according to recent figures from the Daycare Trust.

As wages stagnate and tax credits are cut, paying for someone to look after your child can have a big impact on the household budget.

Research suggests many parents spend more than a third of their income on childcare.

Whether you'd like advice on tax-efficient schemes like childcare vouchers or your obligations when employing a nanny, you can ask our panel of experts.

What parental leave rights do I have?

How might parental leave affect my pension?

What's included in nursery fees?

What are your obligations when employing a nanny?

How much will a childminder cost?

What childcare help does your employer offer?

Who is eligible for free early education places?

What government help is there to make childcare more affordable?

How do childcare vouchers work?

Paul Lewis was joined by:

Helen Harvey, Payroll Services Director, Nannytax

Kate Groucutt, Policy Director, Daycare Trust

Nigel Kern, Money Adviser, Money Advice Service

Presenter: Paul Lewis
Producer: Sally Abrahams

Money Box



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