Does anyone know if (or even how) you get an arrears payment for Child care benefit. and is it included in your FTB arrears or do they pay it with my quarterly CCR?
We receive a very small amount of FTB which I got a lovely unexpected arrears payment for as I overestimated our income by $10,000. Then realised it would of affected my CCB/CCR also.
I understand that if I had received more CCB my out of pocket expenses wouldnt of been so high and *might* affect the CCR I have already receveid and therefore have a small overpayment of CCR but from my calculations we pay so much daycare that my out of pockets would of been well over the $7500 cap even with the correct CCB.
+ Reply to Thread
Results 1 to 10 of 12
23-07-2012 15:05 #1
Arrears of CCB (child care benefit)?
23-07-2012 15:39 #2
It all gets balanced out when you do your tax return and they get your actual taxable income. You don't get your quarterly CCR payment for the final quarter of the year (ie April - June) until you do your tax return. They then adjust it to make up for any over or underpayment in CCB and CCR through the year.
Hope that makes sense!
23-07-2012 15:46 #3
Thank you Shelle, I have submitted at our tax and received reconciliation/arrears of my family tax entitlement, I didnt know if that counted ALL arrears or if more arrears is coming when they do they CCR payments. From what you are saying, gather should there be any arrears from for my child care benefit it will come thru with my reconciled ccr/last quarter payment.
23-07-2012 15:52 #4
Do you have access to online services at the family assistance website? That will show you the breakdown of the payment you received.
From memory last year I got my CCR/CCB arrears about 2 weeks before my FTB arrears, but I did my tax a bit later (August) so it might be that CCR hasn't been processed for this quarter yet and it's still coming to you. Hope so for your sake! Always nice to get an unexpected wad of cash.
23-07-2012 16:00 #5
Online services only mention family tax arrears, although there were 4 different breakdowns (if that makes sense!). I usually receive my CCR right at the end of their payment cycle so am not expecting that til later in August! lol!
As its now my only payment from centrelink I might just keep an eye on my 'next payment' tab on my online services and see if it updates.
It was a very pleasant surprise thats for sure!!
24-07-2012 11:32 #6Member
- Join Date
- May 2008
According to the FAO website, the reconciliation for CCR/CCB was only due to start this week, so would not have been included in the supps/arrears you have already received. I have been told it will be automatically done sometime within the next 2 weeks for those that have submitted their tax returns (as you have). Mine's not showing yet, but it's only 2 days in
The Following User Says Thank You to dawnygirl For This Useful Post:
24-07-2012 11:55 #7
27-07-2012 07:27 #8Member
- Join Date
- May 2008
My CCB/CCR arrears are showing this morning for payment on Tuesday
27-07-2012 07:41 #9
My ccr was paid seperately to the supps. Got the ccr this week and won't get supps til next week.
I seem to end up with a debt every year. I over estimate, pay too much, get too much back then have a ccr debt to pay back. This year wasn't too bad though. They just took half of my last rebate.
Sent from my GT-I9100 using BubHub
30-07-2012 08:23 #10
I was wondering this too. I have received my supps and tax return but no CCB or CCR. I overestimated too so hoping to get some more $$$ back
By stevenaive in forum Family FinancesReplies: 1Last Post: 20-08-2012, 14:56
By Lilo in forum General Parenting Tips, Advice & ChatReplies: 0Last Post: 05-07-2012, 08:37
ProSwimProSwim Rostrevor runs learn to swim classes for children and adults. Lessons are run during the Summer months ...
LATESTToilet training: when is the best time to start?Why it is OK for your child to be differentWhat is a blessing way? How is it different to a baby shower?
POPULARWhen can I start giving chores to my children?New baby nursery checklist – a guide to newborn essentialsWhat to pack for labour and hospital – a checklist
FORUMS - chatting now ...
ongoing chat threadGeneral Chat
Happiness thread.General Chat
Miracle March TTC and Testing ChatConception & Fertility General Chat
April/May TTC group chatConception & Fertility General Chat
Married At First Sight 2017Movies / Music / Books / TV Chat
IVF babies due Sep/Oct/Nov 2017pregnancy and babies through IVF