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  1. #1
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    Default CCB reconciliation debt even though actual income less than estimate?

    I have been claiming CCB and CCR for my daughter ever since she was in full time child care. She is now in grade 1 and goes to an approved before and after school care program. I have CCB and CCR paid directly to the centre weekly. But I have just checked my Centrelink account and I now have a debt of over $350 for CCB reconciliation for 2015/2016. Now I have checked and double checked and my income estimate is nearly $1000 more than my actual income so should not have a debt and should have a refund if anything. Has anyone ever had this happen where your income is less and still have a debt at end of financial year??

  2. #2
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    Have you lodged your tax return yet? Maybe the amount is based on your estimate rather than your actual income and once the ATO/Centrelink has your return the amount owed will change
    Hope it works out for you

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    Yes I have lodged return already hence why they have done the reconciliation. But all doesn't make sense.

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    Did you have any salary sacrifice arrangements?

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    Quote Originally Posted by Nomia View Post
    Did you have any salary sacrifice arrangements?
    I was going to say this too, they add on any fringe benefits .

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    No salarysacrifice what so ever. Just one income very simple return.

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    Perhaps the decrease in income, increased your CCB. Which in turn decreases the amount of CCR that you should have been paid, therefore a debt.

    Hope that kinda makes sense

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    Quote Originally Posted by cheekychook View Post
    Perhaps the decrease in income, increased your CCB. Which in turn decreases the amount of CCR that you should have been paid, therefore a debt.

    Hope that kinda makes sense
    This
    CCB gets taken into consideration first and ccr is then off that.
    We had it the other year where we elected to get CCB at the end, so we reached the ccr cap.
    Had the CCB been taken into account we wouldn't have reached it. CL said it was a "debt" but it really wasn't as we got $ as ccr not CCB

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    So by estimating a higher income means CCB would have been paid at a lower rate which means more ccr would have been paid

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    Is your child listed as a school age child?


 

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