Increased Child Care Subsidy brought forward
- Peer Wealth
- Nov 5, 2021
- 1 min read
The start date for the additional subsidy for families with two or more children in care has been brought forward from 11 July 2022 to 7 March 2022.
Families with two or more children aged five years and under in care will have their CCS rate increased by 30% for their second child and any younger children, up to a maximum rate of 95%.
The $10,655 annual CCS cap will also be scrapped on 10 December 2021 and applied retrospectively for the whole 2021-22 financial year. Anyone who reaches the cap before this date will have any additional out-of-pocket costs for the 2021-22 financial year reimbursed.
The measures were part of the 2021-22 Budget and enacted by the Family Assistance Legislation Amendment (Child Care Subsidy) Bill 2021.
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