Budget 2017: Early Years Funding increases by 35% to €466m to allow new Affordable Childcare Scheme
Tuesday 11th October, 2016
The Minister for Children and Youth Affairs, Dr Katherine Zappone, has announced a Scheme to Subsidise Childcare which will replace existing childcare subsidisation schemes (excluding the free pre-school scheme) with a single, streamlined scheme from September 2017. Parents will qualify for a targeted subsidy based on their net income. Subsidies will be available for children aged from 6 months up to 15 years. The highest levels of subsidy will be provided to those on the lowest incomes, approx. €8,000 a year based on the maximum of 40-hours childcare a week. This will help families to overcome disadvantage and contribute to a reduction in child poverty.