What does this mean? Can someone explain pls?
Kinda urgent thanks
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28-06-2015 10:09 #1
'Zero rate' option for childcare benefit - ??
28-06-2015 10:29 #2
- If you think your income is too high to be entitled to a fee reduction you should still claim Child Care Benefit and choose a zero rate. This will mean you do not have to lodge a Child Care Benefit Lump Sum payment claim at the end of each year."
28-06-2015 13:15 #3
28-06-2015 14:44 #4Senior Member
- Join Date
- Sep 2009
It means instead of getting paid fortnightly you get it all as a lump sum at the end of the year. I think if you opt to get paid like this you can change to fortnightly during the year if you want.
28-06-2015 14:46 #5Senior Member
- Join Date
- Mar 2015
I think basically in order to receive the child care rebate, you need to meet the eligibility for the child care benefit, even if your income level means that you don't actually receive any money (i.e. zero rate) because it is means tested.
So I think what they are saying is even if you know your income is too high to receive any money from the child care benefit, you should still lodge a claim for it and choose "zero rate" so that you can receive the rebate and not have to lodge that claim form every year.
That's how I understand it anyway, but correct me if I'm wrong. I've been looking into that recently as well... why does it have to be so confusing?
28-06-2015 15:12 #6Senior Member
- Join Date
- Mar 2014
28-06-2015 17:07 #7
28-06-2015 17:35 #8
If you're using the estimator they were having issues with it not working. I'm unsure if it's been resolved yet.
28-06-2015 18:47 #9
Yeah I tried to use the estimator last week for CCB and it came back as 0 no matter what I put in. Got our assessment this week and it's definitely not 0 just as I thought.
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