EXAMPLE 1: the basic scenario (these numbers are NOT reflective on any current payment amounts – I have just made them round numbers so they’re easy to work with!)
Child is under school aged
Day care centre charge $100 a day for a 10 hour day
CCB maximum amount (100%) is $5 per hour
Parent has one child in care, CCB 100%
Parent qualifies for CCR and has opted to have the payment made direct to child care service
Child is in care 2 days per week
Child care fees for the week : $200
CCB for the week: 20 hours at 100% CCB ($5 per hour) = 20 x 5 = $100
Out of Pocket balance for parent to pay = fees – CCB = 200 – 100 = $100
CCR amount is 50% of Out of Pocket balance = 100 x 0.50 = $50
CCR paid direct to service is 85% of the total CCR = 50 x 0.85 = $42.50
Total bill for customer
= fees – CCB – CCR paid to service
= 200 – 100 – 42.50
= $57.50
The balance of the CCR, $7.50, will be held until tax time/reconciliation
Last edited by briggsy's girl; June 17th, 2012 at 04:30 PM.
EXAMPLE 2: the basic scenario (these numbers are NOT reflective on any current payment amounts – I have just made them round numbers so they’re easy to work with!)
Child is under school aged
Day care centre charge $100 a day for a 10 hour day
CCB maximum amount (100%) is $5 per hour
Parent has one child in care, CCB 50%
Parent qualifies for CCR and has opted to have the payment made direct to child care service
Child is in care 2 days per week
Child care fees for the week : $200
CCB for the week: 20 hours at 50% CCB (5 x 0.50 = $2.50 per hour) = 20 x 2.50 = $50
Out of Pocket balance for parent to pay = fees – CCB = 200 – 50 = $150
CCR amount is 50% of Out of Pocket balance = 150 x 0.50 = $75
CCR paid direct to service is 85% of the total CCR = 75 x 0.85 = $63.75
Total bill for customer
= fees – CCB – CCR paid to service
= 200 – 50 – 63.75
= $86.25
The balance of the CCR, $11.25, will be held until tax time/reconciliation
Last edited by briggsy's girl; June 17th, 2012 at 04:30 PM.
EXAMPLE 3: the basic scenario (these numbers are NOT reflective on any current payment amounts – I have just made them round numbers so they’re easy to work with!)
Child is under school aged
Day care centre charge $100 a day for a 10 hour day
CCB maximum amount (100%) is $5 per hour
Parent has one child in care, CCB 25%
Parent qualifies for CCR and has opted to have the payment made direct to themselves
Child is in care 5 days per week
Child care fees for the week : $500
CCB for the week: 50 hours at 25% CCB (5 x 0.25 = $1.25 per hour) = 50 x 1.25 = $62.50
Out of Pocket balance for parent to pay = fees – CCB = 500 – 62.50 = $437.50
Because the customer has opted to have the CCR paid to their own bank account, this is the amount they will pay to the childcare each week. When the childcare report the usage to FAO, the CCR will be calculated and paid to the customer, as below. For some childcare centres this will happen every week, for some it will be once a fortnight. There is no set day to expect this money in the bank
CCR amount is 50% of Out of Pocket balance = 437.50 x 0.50 = $218.75
CCR paid direct to customer is 85% of the total CCR = 218.75 x 0.85 = $185.94
Total weekly expense for customer
= fees – CCB – CCR paid direct to customer
= 500 – 62.50 – 185.94
= $251.56
The balance of the CCR, $32.81, will be held until tax time/reconciliation
Last edited by briggsy's girl; June 17th, 2012 at 04:31 PM.
EXAMPLE 4: the basic scenario (these numbers are NOT reflective on any current payment amounts – I have just made them round numbers so they’re easy to work with!)
Child is under school aged
Day care centre charge $100 a day for a 10 hour day
CCB maximum amount (100%) is $5 per hour
Parent has one child in care, CCB 0% (this may be by choice, or may be due to income estimate being over the CCB thresholds)
Parent qualifies for CCR and has opted to have the payment made direct to themselves
Child is in care 5 days per week
Child care fees for the week : $500
CCB for the week: 50 hours at 0% CCB = $0.00
Out of Pocket balance for parent to pay = fees – CCB = 500 – 0 = $500.00
Because the customer has opted to have the CCR paid to their own bank account, this is the amount they will pay to the childcare each week. When the childcare report the usage to FAO, the CCR will be calculated and paid to the customer, as below. For some childcare centres this will happen every week, for some it will be once a fortnight. There is no set day to expect this money in the bank
CCR amount is 50% of Out of Pocket balance = 500.00 x 0.50 = $250.00
CCR paid direct to customer is paid at the FULL 50% if CCB is at a zero rate – nothing is held until tax time
CCR paid to customer account = $250.00
Total weekly expense for customer
= fees –CCR paid direct to customer
= 500 – 250.00
= $250.00
If this same customer had opted for direct to service CCR, they would simply pay the same amount $250, to the child care centre. The calculation is the same
EXAMPLE 5: the basic scenario (these numbers are NOT reflective on any current payment amounts – I have just made them round numbers so they’re easy to work with!)
Child is under school aged
Day care centre charge $100 a day for a 10 hour day
CCB maximum amount (100%) is $5 per hour
Parent has one child in care, CCB 25%
Parent qualifies for CCR and has opted to have the payment made quarterly to themselves (this is the default option)
Child is in care 5 days per week
Child care fees for the week : $500
CCB for the week: 50 hours at 25% CCB (5 x 0.25 = $1.25 per hour) = 50 x 1.25 = $62.50
Out of Pocket balance for parent to pay = fees – CCB = 500 – 62.50 = $437.50
Because the customer has opted to have the CCR paid QUARTERLY to their own bank account, this is the amount they will pay to the childcare each week. When the childcare report the usage to FAO, the CCR amount is recorded and will be calculated every three months and paid to the customer, as below. For quarterly payments, there is no withholding – payments are made in October, January and April, with the final quarter (April to June) being held until taxes are done and reconciliation occurs
CCR amount is 50% of Out of Pocket balance = 437.50 x 0.50 = $218.75
This amount is held and paid in a lump sum every three months
Can you apply to get child care rebate/benefit for a new child online? I know I'm eligible for at least one of these as we get it/them for my DS1 already but I need to claim for DS2 who will be starting in August later this year. I can't seem to find it when I'm online
you can do a full new claim (so go online, apply for payment, make a claim, claim ccb for current financial year) - you can't just add a child to an existing payment though unless you phone up (and there are huge waits at this time of year).
it may take a couple of weeks to process, but will be backdated and granted from the date you submit the claim
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