The benefit is called Specified Adult Childcare Credits, grandparents get when parents sign over their National Insurance (NI) contributions to their elderly relatives for looking after grandkids. But a fifth of applications for the benefit are rejected, according to a Freedom of Information request from investment firm Quilter. Moore added: "It is fantastic to see more grandparents and other family members take advantage of Specified Adult Childcare Credits. Another reason is if the grandparent receives Child Benefit for the child they are looking after. If there is no Child Credit, there's no Specified Adult Childcare Credit.

Source: Daily Mirror September 14, 2021 09:11 UTC