New Child Care Rebate for Australia
You may be eligible for the new Child Care Rebate.
New Child Care Rebate – What is it and how does it work?
The new federal government Child Care Rebate allows you to recoup 50% of your, out of pocket child care expenses up to an annual cap of $7,500. (Be sure to check www.mychild.gov.au for current and full details of the Child Care Rebate.) Meaning if you work, train or study you could potentially receive a rebate of $3,750 if you use an approved child care worker with an annual charge of $7,500. See example below:
- Sue works and takes her child to an approved child care provider. (There is no income test for the CCR. If you are eligible for CCB but your CCB entitlement is zero due to income, you are still eligible for the CCR.) source www.mychild.gov.au
- Sue pays her child $5,000 per year for her government approved child care
- Sue has been eligible for the Child Care Benefit program
- Sue has passed the CCB work, trainning or study test
- Sue fills out a Child Care Rebate application form
- Sue receives a rebate of $2,500. 50% of $5,000 paid quarterly into her bank account
What passes as a federal government child care facility
An approved child care centre must pass the Australian government criteria for suitable quality assured child care. In order to find out if your child care is government approved call the Child Care Access Hotline on 1800 670 305 or search here for a list of approved facilities.
How much can I get back from my Child Care Rebate
As stated above you can receive 50% of your out of pocket expenses of up to $7,500. Out of pocket expenses is money that you have paid, outside of any Child Care Benefit payments or any other type of child care assistance you may receive.
How to i get paid?
Once you have meet all the eligibility requirements with family assistance you will be paid quarterly into your selected bank account. The final payment will be withheld until you have lodged and processed your tax return.
Absent days
Your child is allowed up to 42 absent days, without reason before if affects your Child Care Rebate payment.
Summary
The federal government understands that regular Australians need help when it comes to child care. The new Child Care Rebate, along with the Child Care Benefit program are designed to suite the needs of working class families, allowing them to spend more time at the workplace. If you believe that you are eligible for assistance you can call the Family Assistance Office on 13 61 50.
More Rebates
Want to learn more about the Rainwater and Greywater Rebate or the New Solar Hotwater Rebate.
References
