Being a Foster carer is a fulfilling and rewarding career that brings immeasurable rewards and joy. However, foster carers should be recompensed and offered financial rewards too. Happy Hearts offers competitive fees and allowances to its foster carers, both new and existing.
We see our foster carers as professionals and reward them as such for their valued work.
We offer our foster carers:
• Allowances at highly competitive rates
• Festival and birthday allowances
• Annual holidays
• Annual bonuses and incentives
• Help with annual tax returns
As a foster carer, you will need to register as self-employed and will have to file tax returns (we can help you with this) Fostering allowances are subject to different tax rules. This means you will get an initial tax-free amount and then further weekly tax relief.
If you are an existing foster carer and transfer to us, we will usually maintain any current terms and arrangements you may have in place. This means you will continue to receive any support and services which may be in place, including allowances and expenses for your placement(s).
There are a number of contributing factors that are involved in the amount of fostering allowance provided. These can vary depending on a number of things including:
• Age of your foster placement
• Specific needs and requirements of your foster placement
• Type of foster care being provided
• The foster carer’s skills and experience
Please get in touch with us if you have any questions or concerns about the allowances we offer – we’ll be happy to discuss this with you.