When you decide to become a foster carer, your employment status changes to self-employed. This status requires you to handle your tax submissions but provides tax relief options tailored for foster carers, such as exemptions on fostering income up to specific thresholds. Foster carers receive a weekly allowance to cover expenses related to childcare, but it's important to budget and account for your self-employment obligations. For comprehensive support and advice, fostering agencies like Vineyard Fostering are ready to assist.

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