Child Care Subsidy Withholding

Описание: The Child Care Subsidy percentage you’re entitled to depends on your family’s income.

Withholding

We’ll withhold 5% of your subsidy. This is to help reduce the likelihood of you getting an overpayment. You’re able to vary this amount to suit your circumstances.

You can do this up to twice a year online.

If your Centrelink online account is linked to myGov, sign in now and select View withholdings to manage your withholdings.

If you’d like to change it more than this, call the Families line.

We use your family income estimate to work out how much subsidy you’ll get. This means at the end of each financial year we’ll balance your payment using your actual adjusted taxable income. We compare this information to make sure we’ve subsidised your child care fees correctly in the financial year.

If you underestimated your family income, you may end up with an overpayment which you’ll need to pay back. We’ll use the amount we withheld to help reduce the debt.

If you have a CCS overpayment, we may use some of your CCS each fortnight to pay this back.

If you don’t get CCS each fortnight, the easiest way to repay money is online using the Money you owe service. If your Centrelink online account is linked to myGov, sign in now to do this.

You can also use the Express Plus Centrelink mobile app.

If you overestimated your family income and didn’t get enough subsidy, we’ll pay any outstanding amount directly to you. This will include the amount we withheld.

Watch this video to learn more about Child Care Subsidy and your withholding percentage.

www.servicesaustralia.gov.au/childcaresubsidy
www.servicesaustralia.gov.au/manageccs