A study suggests parents deserve a £5,000 tax break to boost childbirth rates. Financial challenges delay couples from starting families, leading to a record low birth rate in England and Wales. The proposal aims to assist 12.6 million working parents by saving them £2,000 annually. It advocates for a new tax-free earnings allowance specifically for parents to address financial barriers to parenthood. France’s successful family support system serves as inspiration for the initiative. Mumsnet and Onward back the plan, emphasising the importance of financial aid in decision-making about having children.