At Care Visions Fostering Scotland, we know that the financial aspect of fostering can be hard to grasp. We’re here to lend a hand and give you an idea of how fees and allowances work in fostering.

Foster carers receive a payment for each child they foster, based on nationally recognised rates. The payment is made up of a fee for the foster carer and an allowance for the child.

Although no two fostering agencies are the same in terms of the personal support they provide, it’s likely that the financial support available to you will be similar across most organisations.

These rates consider that in many situations at least one foster parent will need to be at home full-time to be available for the foster child, depending on the needs of the child.

The rates are also based on several factors including the age of the child and whether they have any specific needs. Allowances are expected to cover the day-to-day cost of fostering a child, including:

  • Clothing
  • Travel
  • Food
  • School dinners
  • Personal items

In addition, as foster carers are classed as self-employed, certain benefits are available when paying income tax. More information on this is available from the HMRC website at: 

https://www.gov.uk/foster-carers/help-with-the-cost-of-fostering 

The Fostering Network also provides further guidance at: 

https://www.thefosteringnetwork.org.uk/advice-information/finances/tax-and-national-insurance.

It’s natural to give thought to whether fostering will be an affordable option for you. So, we hope that we can provide you with peace of mind when it comes to your financial situation and how that fits with fostering. If you’d like to find out more, give us a call on 01786 477 810 or complete our online enquiry form here and we’ll be happy to assist you.

You can be part of our exciting, new chapter.

We're Care Visions Fostering Scotland. It’s time for you to hold your hands up if you are ready to foster! We're proud to be here for you on every step of your journey.

If you are ready, then so are we. Find out more about fostering with Care Visions Fostering Scotland here.

Compassion

We are aware of the feelings and experiences of others. We care through relationships based on empathy, warmth and affection to restore and maintain trust and hope.

Integrity

We live by our values and our actions demonstrate our commitment to them. We nurture potential and challenge appropriately.

Respect

We value others and will act in a way that communicates this. We recognise our differences and celebrate them. We listen to and care for each other.

Safety

We aim to protect people from harm. We recognise the impact trauma has and that sustained therapeutic relationships can have a positive impact. Our work is trauma-informed and based on attachment theory.