thread: Ist quarter Child Care Tax Rebate

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  1. #1
    Life Subscriber

    Jul 2006
    Brisbane
    6,683

    Awesome for some. Not so great for others. The fees are a lot to pay upfront for those of us that get 0% CCB and have to wait 3 months for the CCTR.

  2. #2
    Registered User

    Oct 2007
    Gippsland, Victoria
    714

    Sorry, i dont mean to offend anyone in a different situation. Just wanted to say how grateful i am for the help that i do receive

  3. #3
    Life Subscriber

    Jul 2006
    Brisbane
    6,683

    That's ok TT. You didn't offend me. I just wanted to point out that it works better for some than others. In an ideal world we would receive enough assistance not to have to work, but at least we do better than those in many other places in the world.

  4. #4
    Life Member

    May 2003
    Beautiful Adelaide!
    2,877

    Mel, I am in the same boat as you....a hike in fees, 0% CCB, so I am hanging out for the tax rebate!

    The new tax rebate system does work better for me personally, despite the hike in fees.......it means I get it back quarterly without having to wait forever for DH to get round to doing our tax returns........so from a cashflow perspective, I am better off.

    Thanks for all your input ladies.......

  5. #5
    Registered User

    Oct 2006
    Sydney
    4,081

    Lucy, that's my problem atm - DH takes aaaaages to do his tax returns. I've done mine and am hanging for our FTB (nominated to receive at end of financial year because I have no clue how much we'll earn from year to year) but goodness knows how long it'll be before we get it, thanks to DH and his tax return procrastination!!!

  6. #6
    Registered User

    Dec 2006
    In my own private paradise
    15,272

    Amy - tell DH if he doesn't do it soon, you might miss out on top ups!!

    not sure HOW badly he procrastinates, but if your ITR isn't lodged within 2 years of end of financial year, you don't get the top ups - they just make sure you haven't been over paid (which you won't have) but won't top you up

    might help him get himself into gear....

  7. #7
    Registered User

    Aug 2006
    Logan, Qld
    285

    Has anyone received the payment yet? I know it's only a day after the 20th but I am eagerly waiting.