Jump to content

CCR & CCB help


  • Please log in to reply
2 replies to this topic

#1 Duck-o-lah

Posted 07 February 2013 - 08:24 PM

Sigh, trying to figure this out once again. I had a really good grasp of how these are paid, noted it all down and then lost the lot ddoh.gif So before I resort to being on hold or waiting in line for hours, only to get the wrong information, maybe some CCR/CCB gurus can help me get my head around it original.gif

Ok, so for financial year 2011-12 I have received 3 quarterly CCR payments and am awaiting the final quarters payment (only just lodged tax return).

I have elected to receive CCB @ 0% and claim as a lump sum at the end of the year and I'm trying to work out how much this might be. I have used the estimator, and I can figure out apprx how much we are owed. However, I remember the 2010-11 fin year I was entitled to CCB, and by receiving the CCB my out of pocket expenses were considered lower and therefore I received less CCR?

So is CCB calculated before CCR? Or the other way around? Or am I completely off?

Also, do I need to submit a form or claim for lump sum payment of CCB?

I've managed to thoroughly confuse myself, a little clarity please?! biggrin.gif

#2 whatnamenow

Posted 07 February 2013 - 08:34 PM

full fees - CCB = eligible CCR component
50% of this amount ( up to $7500) = CCR
What is left is what you owe child care centre.

I dont know if it works the same in childcare centres but if you are really interested the calculations for CCB in FDC is 3.9 x 1.3333 / 100 x CCB percentage ( then / 100 x 85 for school aged children) will get you your CCB figure per hour.

Hope that helps...

#3 Duck-o-lah

Posted 07 February 2013 - 09:26 PM

That makes perfect sense, thankyou both very much original.gif

I have lodged a claim online for CCB, just to be on the safe side. A brief search of this forum revealed people are waiting for months for these claims to be paid!




0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users

 
  • ek-comp-springfree

    Win a Springfree Trampoline!

    Click now for your chance to WIN a Springfree Trampoline (R54 Compact Round) plus Australia-wide delivery ? valued up to $1774!

  • <i></i>

    How dogs could make children better readers

    Issues around children learning to read are rarely out of the news. Which is hardly surprising – becoming a successful reader is of paramount importance in improving a child's life chances. Nor is it surprising that reading creates a virtuous circle: the more you read the better you become. But what may come as a surprise is that reading to dogs is gaining popularity as a way of addressing concerns about children's reading.

  • <i></i>

    Mum's warning about 'creeps' on popular teen app

    Just when you thought it was totally safe to let your kids on social media (just kidding, nobody really thinks that), here comes another warning of ways creeps will try to contact our kids.

  • <i></i>

    Let preschoolers invent their own spelling, experts say

    Find out how to help your child in the light of the new findings.

  • <p>

    Do your kids get too many presents? There's an app for that

    Three out of four Australians believe they are overspending on their kids by hundreds of dollars each month. And then there's the gifts.

 
Advertisement
 

Top 5 Viewed Articles

 
Advertisement
 
 
 
Advertisement
 
 
Essential Baby and Essential Kids is the place to find parenting information and parenting support relating to conception, pregnancy, birth, babies, toddlers, kids, maternity, family budgeting, family travel, nutrition and wellbeing, family entertainment, kids entertainment, tips for the family home, child-friendly recipes and parenting. Try our pregnancy due date calculator to determine your due date, or our ovulation calculator to predict ovulation and your fertile period. Our pregnancy week by week guide shows your baby's stages of development. Access our very active mum's discussion groups in the Essential Baby forums or the Essential Kids forums to talk to mums about conception, pregnancy, birth, babies, toddlers, kids and parenting lifestyle. Essential Baby also offers a baby names database of more than 22,000 baby names, popular baby names, boys' names, girls' names and baby names advice in our baby names forum. Essential Kids features a range of free printable worksheets for kids from preschool years through to primary school years. For the latest baby clothes, maternity clothes, maternity accessories, toddler products, kids toys and kids clothing, breastfeeding and other parenting resources, check out Essential Baby and Essential Kids.