Did you know from July 2018 there will be changes to child care fee assistance? From 2 July 2018, the current Child Care Rebate and Child Care Benefit will be replaced by a single Child Care Subsidy.
Most lower and middle-income families that are eligible will receive a higher subsidy than they do now.
Key facts:
- The level of Child Care Subsidy that can be accessed will depend on combined family income, the activity level of both parents (based on the parent who does the least amount of activity) and the type of child care the family uses.
- Families earning less than $185,710 will have no cap on the amount of child care they can claim, while those earning over $185,710 and under $350,000 will benefit from an increase in the current cap of $7,613 to $10,000 per child, per year.
- Recognised activities include but are not limited to: paid work (including leave), approved study or training, actively seeking work, volunteering and self-employment.
Calculate your anticipated subsidy using The Estimator which takes only a few minutes to complete. All current arrangements will remain in place until 2nd July 2018.
The following resources are helpful in outlining the changes relevant for;
For more information visit The Australian Government’s Department of Education website education.gov.au/childcare or call 1300 566 046.