Annual payment for looking after kids? (8)
I believe the answer is:
parental
'looking after kids?' is the definition.
(relating to parenting)
'annual payment' is the wordplay.
'annual' becomes 'pa' (abbreviation for 'per annum').
'payment' becomes 'rental' (I've seen this before).
'pa'+'rental'='PARENTAL'
'for' is the link.
(Other definitions for parental that I've seen before include "like mum and dad" , "Relating to mother and father" , "of father, perhaps" , "of old man and woman" , "Of mother and/or father" .)