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Finance & Taxes Netherlands

Daycare prices outpace benefit cap, hitting low earners hardest

Daycare prices outpace benefit cap, hitting low earners hardest
Daycare prices in the Netherlands are exceeding government childcare benefit caps, with 70% of centers charging more than the subsidized rate. Low earners will face rising costs, with families potentially paying โ‚ฌ80 a month next year.

Summary

Seven in ten daycare centers in the Netherlands charge more than the hourly rate covered by childcare benefits, according to parents' association BOinK. The average hourly rate is โ‚ฌ11.82, while the government subsidizes up to โ‚ฌ11.23, with prices expected to rise further next year, impacting low earners the most. Low-income families will see increased daycare costs.

Read full article at DutchNews.nl โ†—
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