50% Child Care Tax Rebate

The Government increase child care assistance, lifting the Child Care Tax Rebate from 30 per cent to 50 per cent of out‑of‑pocket costs, and increased the annual cap from $4,354 to $7,500 per child. The rebate will also be paid quarterly to give parents assistance closer to when they incur out‑of‑pocket expenses. This assistance is in addition to any Child Care Benefit payable.

The rebate, previously claimed in the annual income tax return, is now claimed from the Family Assistance office after the tax return is processed for the 2008 year onwards.

FREE fact sheet ==> 50% Child Care Tax Rebate

FREE fact sheet ==> Child Care Benefit

David Maynard
My Tax Zone

Copyright 2014. My Tax Zone.