what about those beautiful new shiny army planes @kw123??
True... Far more important than increasing female participation in the workforce. Women shouldn't be working anyway!
Edit: I just did the maths - it will actually cost me more to send my baby to CC than to go back to study, without factoring in petrol and parking costs (and before the rebates)!!!
Last edited by Pearlygirl; 30-04-2014 at 12:29.
@Fleetwood Most big business that will be impacted by this tax are already paying maternity leave to their employee.
They will remove this as it would get replaced by the gvt PPL.
Hence offsetting partially the new tax. Won't impact customers.
@Pearlygirl it might pay to look further into your career and think about your super too.
You might not be making much money during childcare years but your salary should increase with experience and performance.
For the vast majority of people salary is and will be their greatest financial asset ever.
Also childcare cost should be supported by both parents salaries - not just the mothers. So when doing your calculation, take 50% of the childcare costs against your work.
I will be going back - I'm halfway through my phd so I may as well finish it, plus my salary will be a lot higher once I finish than if I don't go back. Just mind boggling how much childcare costs! Its difficult on a stipend - the money is atrocious and I don't qualify for any PPL, but I should qualify for low income earner benefits, fta ftb and any other CL family stuff I think.
Full-time my daycare would be $32,500 or $25k after rebate.
He goes 4 days so it's $26k or $18.5k after rebate.
No CCB. That's out of post tax salary of course. So you need to earn a pretty decent salary to even consider using daycare to go to work! It's ridiculous.
The fact that it's not at least tax deductible is ludicrous.
My current salary is only 38k before tax. I spend about 9 k a year on petrol and parking.
So even with the current rebate makes going back to work not worth it at all.
I will be doing my best to try and get a job doing night shift anywhere so we don't have to spend money on child care .
Pregnant for the first-time?
Not sure where to start? We can help!