The report Gender Brief, by the Organisation for Economic Co-operation and Development (OECD), includes a chapter entitled 'Can Parents Afford to Work? Childcare costs, tax benefit policies and work incentives'.
The study found that the cost of a full-time place for two-year-olds was around a quarter of the average wage, compared with an average of 16 per cent across all of the 27 countries in the OECD. The cost of childcare as a proportion of salaries was higher only in Portugal, Spain, Luxembourg and Switzerland. However, the study found that benefits such as tax credits and childcare vouchers meant that the net cost of childcare in the UK was much lower for those earning below-average wages.
Register now to continue reading
Thank you for visiting Nursery World and making use of our archive of more than 35,000 expert features, subject guides, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's included
-
Free access to 4 subscriber-only articles per month
-
Unlimited access to news and opinion
-
Email newsletter providing activity ideas, best practice and breaking news
Already have an account? Sign in here
