Reply With Quoteit's a bit over 7k this year - it's 7000 in total rebated to you per child per annum. so if you pay 20000 out of pocket, you would get a maximum of 7000 (or 7000 plus x amount that it increased for CPI this year)
Registered User
CC Rebate cutoff
I'm trying to get my budget organised and I've been doing to research before I head back to work where both my kiddies are going to be in CC and I'm a bit confused on the CC Rebate cutoff.
I've read somewhere that you 50% back of your out of pocket expense to the total of $7000 per year. Does anyone know if that is right? Also is it $7000 in total or $7000 per child? And is $7000 out of pocket or $7000 in CC fees before deduction?
I hope that makes sense,
TIA,
Dan.
Registered User
it's a bit over 7k this year - it's 7000 in total rebated to you per child per annum. so if you pay 20000 out of pocket, you would get a maximum of 7000 (or 7000 plus x amount that it increased for CPI this year)
Registered User
Thanks BG - It was much better than I was thinking!!
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