Vacancy.care – Childcare News & Childcare Payments
Find out about childcare and daycare developments, including any proposed changes and information on childcare payments and family assistance
Child Care Subsidy: A guide to everything you need to know
From 2 July 2018, the child care fee assistance your family receives will change.
The Child Care Subsidy will be the main way the Government will assist families with their child care fees. It will replace the Child Care Benefit (CCB) and Child Care Rebate (CCR) with a single, means-tested subsidy. This will be paid directly to child care providers to be passed on to families.
The subsidy aims to be simpler than the current multi-payment system, better targeted and provide more assistance to low and middle income.
Three things will determine a family’s level of Child Care Subsidy:
- A family’s annual adjusted taxable income will determine the percentage of subsidy they are eligible for
- An activity test will determine how many hours of subsidised care families can access, up to a maximum of 100 per fortnight, and
- The type of childcare service will determine the hourly rate cap.
More information about individual subsidy rates and annual cap changes is available in the New Child Care Package brochure.
Attention! Your information does not automatically rollover to the new system and you may not receive any subsidy if your assessment is not completed.
HOW TO TRANSITION
You will need to complete an online Child Care Subsidy assessment using your Centrelink online account through myGov.
You will be asked to provide some new information and confirm their current details, including:
If you do not complete your assessment before 2 July 2018, you may not receive any child care fee assistance.
Step 2. Link myGov to Centrelink. You can do this under Services.
Step 3. Select Centrelink and complete the Child Care Subsidy Assessment.
Child Care Calculator
Estimate what your new Child Care Subsidy might be, go to the Payment and Services Finder.
More information about child care can be found on the Department of Education and Training website.