Читать книгу 101 Ways to Save Money on Your Tax - Legally! 2022-2023 - Adrian Raftery - Страница 48

Since 7 March 2022 the child care subsidy has increased by 30 per cent to a maximum of 95 per cent for the second and subsequent children in child care with no annual cap.

TABLE 1.4: child care hourly rate caps (2021–22)

Source: Services Australia https://www.servicesaustralia.gov.au/type-child-care-you-use-can-affect-child-care-subsidy?context=41186#hourlyrate

Type of child care	Hourly rate cap
Centre-based day care	$12.31 per child
Family day care	$11.40 per child
After hours school care	$10.77 per child
In-home care	$33.47 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 per cent 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.