Increase in childcare subsidy to be introduced tomorrow

Parents in Dublin Bay North will potentially save thousands on the cost of childcare thanks to increased subsidies that kick in from tomorrow, councillor Donna Cooney has said.

The minimum increase in the subsidy for registered early learning and childcare was included in Budget 2023 and will rise from €0.50 per hour to €1.40.

The change means that families that were previously in receipt of the lowest level of financial support will now be in line to save an additional €2,106 off their annual childcare bill.

“This is a major development for childcare in Ireland and will represent a significant saving for parents who often say that paying for childcare is like paying a second mortgage or rent,” Councillor Cooney said.

“Having secured a freeze in childcare fees last year, Minister Roderic O’Gorman has gone a step further and cut them by an average of 25 percent this year and is aiming to secure a similar cut next year. This will go a long way towards making the cost of childcare in Ireland more manageable for the first time ever.

“Childcare was neglected for too long in Ireland with the result that parents were faced with enormous costs after having children.

“No-one should be financially penalised for having children but this is changing rapidly thanks to the Green Party being in government,” Cooney said.

Parents can find out more about the increased subsidies under the National Childcare Scheme by visiting ncs.gov.ie or calling the Parent Support Centre on 01 906 8530 or talking to their early learning and childcare provider.