Centrelink’s 3-month childcare deadline parents should be aware of
IF YOU have a child currently in childcare, then it’s safe to say you’re probably at least vaguely aware of the changes coming into place in July of this year.
If not, you can read about them here.
The Government will be getting rid of the current system which consists of two subsidies, replacing them instead with a single means- and activity-tested subsidy, simply called the ‘Child Care Subsidy’. The new system will see payments made directly to service providers, to then be passed on to families, doing away with the previous multi-payment model.
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There will be an activity test to determine how many hours of childcare you will receive subsidised. In order to receive any subsidy at all, both parents are required to work, study or volunteer for a minimum of 8 hours a fortnight.
• Families working 8-16 hours per fortnight are eligible to receive 36 hours per fortnight of subsidised care
• Families working 16-48 hours per fortnight are eligible to receive 72 hours per fortnight of subsidised care
• Families working more than 48 hours per fortnight are eligible to receive 100 hours per fortnight of subsidised care
WHAT YOU NEED TO DO IN THE NEXT THREE MONTHS
Parents will need to fill in an online form before the July 2 deadline in order to keep receiving government subsidies on their fees. The online form will be available at Centrelink and myGov and parents will be contacted by Centrelink in the next fortnight with further instructions on what information to supply.
MAIN CHANGES TO BENEFIT
• Families earning $65,710 or less will receive a payment equivalent to 85 per cent of their fees
• Families with a total income of $65,710-$170,710 will receive a payment that is tapered down from 85 per cent to 50 per cent, receiving one per cent less for every $3000
• Families on $170,710-$250,000 will receive a payment equivalent to 50 per cent of their fees
• Families on $250,000-$340,000 will receive a payment that is tapered down from 50 per cent to 20 per cent, receiving 1 per cent less for every $3000
• Families on $340,000-$350,000 will receive a payment equivalent to 20 per cent of their fees.
• Families earning more than $350,000 will receive no subsidy.
Source link: http://www.news.com.au/lifestyle/parenting/kids/the-threemonth-centrelink-childcare-deadline-parents-need-to-be-aware-of/news-story/3961cae4bdd88f83966d90d26b47f9be