What Will Be The Minimum Amount Of Childcare Allowance In

What Will Be The Minimum Amount Of Childcare Allowance In
What Will Be The Minimum Amount Of Childcare Allowance In

Video: What Will Be The Minimum Amount Of Childcare Allowance In

Video: What Will Be The Minimum Amount Of Childcare Allowance In
Video: Tax Free Childcare - Updated for 2020 & COVID-19 2024, March
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Allowance for caring for a child up to 1, 5 years old is one of the social state payments to young families, which is provided regardless of employment and social status.

What will be the minimum amount of childcare allowance in 2018
What will be the minimum amount of childcare allowance in 2018

Benefits for a child under 1, 5 years old can be received by all unemployed parents through the Social Security authorities. To assign this payment, you do not need to confirm your financial situation, it is due to everyone, without exception. In addition to the unemployed, entrepreneurs who do not pay contributions to the Social Insurance Fund have the right to the minimum benefit.

Recently, the calculation of the minimum benefits is not tied to the minimum wage, but is set at a fixed rate and indexed annually by the state. In 2018, the Government decided to make payments for child benefits more and to index them from February by 3.2%. This is exactly the official inflation rate (consumer price growth) for 2017. With the most favorable outcome, such indexation can preserve the purchasing power of payments, but not increase them. Although many Russians consider the government's estimate of inflation to be extremely underestimated.

To calculate the minimum size of children for 2018, you need to multiply the current payments for 2017 by a factor of 1.032. As a result, payments for the first-born will be 3065.69 (the amount of child allowance for 2017) * 1.032 = 3163.79 rubles. The family, in which the second and subsequent child appeared, will receive monthly 6327, 57 rubles. (6131, 37 * 1, 032).

All unemployed mothers will receive these sums monthly from February 2018. Whereas for working parents there is a different calculation algorithm (based on the average earnings for the last 2 years) and in any case they receive child benefits in a larger amount.

Other mandatory federal payments related to the birth of a child will also change by 3.2%. So, the one-time birth allowance will reach 16 873, 54 rubles in 2018, the payment for early registration - 632, 76 rubles.

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