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The 2021–22 federal budget announced that the maximum child care subsidy will increase to 95% for the second and subsequent children in child care from 1 July 2022 with no annual cap.

TABLE 1.4: child care hourly rate caps (2020–21)

Source: Services Australia https://www.servicesaustralia.gov.au/individuals/services/centrelink/child-care-subsidy/how-much-you-can-get/type-child-care-you-use-affects-it#hourlyrate

Type of child care	Hourly rate cap
Centre-based day care	$12.20 per child
Family day care	$11.30 per child
After hours school care	$10.67 per child
In-home care	$33.17 per family

Given the complexity of the subsidy calculations that flow from tables 1.3 and 1.4 combined with fluctuating incomes, to reduce the risk of overpayment, Services Australia withholds 5% of your child care subsidy upfront. When you submit your annual tax return, the Department will finalise the annual child care subsidy that was entitled to your family and pay any outstanding amount due to you.