Crowe Horwath investigate cost of childcare in Ireland

Cost of childcare in Ireland study by Crowe Horwath Ireland

Crowe Horwath has recently been appointed to undertake a major study of the cost of childcare in Ireland.

The Department of Children and Youth Affairs has announced Crowe Horwath’s appointment to undertake a 10-month study into the cost of affordable childcare in Ireland, meeting a commitment within the Programme for Government.

Commenting on our firm’s appointment, Shane McQuillan, Advisory Partner, stated: “Accessing quality, affordable childcare has been a major point of public debate for many years, and is important for the development of children in their early years, and also for societal and economic reasons. Understanding and analysing the cost base for childcare services, and assessing the current market dynamics for the provision of those services, will play a critical role in helping Government to address these issues from both policy and budgetary perspectives.”

The project will:

  • Analyse the current costs of providing childcare in Ireland and factors that impact on those costs
  • Develop a model of the unit cost/costs of providing childcare that allows analysis of policy changes and variation in cost-drivers, including the potential impact of increased professionalisation
  • Provide an objective, high level market analysis of the childcare sector in Ireland, including analysis of fee levels charged to parents

Speaking on the launch of the review, Minister for Children and Youth Affairs Dr Katherine Zappone noted: “2017 has already seen the achievement of many important goals to deliver quality, accessible, affordable childcare to Irish families. In April of this year I promised that we would deliver the benefits of more affordable childcare to Irish families.

After months of hard work we can confirm that 86% of eligible childcare providers have signed up to deliver these measures and the families of tens of thousands of families are now experiencing lower childcare costs as a result.

It is my hope that this review will provide the evidence base to inform future investment in the sector and ensure that the progress made this year is built upon year on year going forward.”

Further details can be found on the Department’s website.

For more information contact Crowe Horwath Partner, Shane McQuillan:

Tel: 01 448 2200  |  Email: shane.mcquillan@crowehorwath.ie