All about deposits

All about deposits There appears to be some confusion among childminders regarding what to do with deposits. You take a deposit to secure a child’s place, but when do you give it back to the parents? The most popular school of thought and the one I was told at my last finance briefing by the Tax Office is that the deposit should be returned to parents as part of their first month’s bill; however, it has been commented to me that it should instead be kept until the end of the contract, in case… More information...

User:	knutsfordchildminding
Page:	eyfsforchildminders.webnode.com (?)