Grandparents are saving parents an average of £13,500 a year helping with childcare but many may be unaware of a potential financial boost available to them through ‘valuable credits’. Those who care for their grandchildren may be able to claim a state pension boost around £6,000 if they are getting Specified Adult Childcare Credits (SACCs). As more families rely on grandparents for support, it’s crucial for those providing care to understand and take advantage of this opportunity. The rising cost of nurseries and after-school clubs has left many parents struggling to afford childcare, making …
