Childcare Tax Rebate by Peter Power

Remenber there is a 50 percent childcare tax rebate available for parents who place their children in approved care. This rebate is based on your out-of-pocket expenses up to a maximum threshold. This rebate is dependent on your eligibility for childcare benefits and this eligibility is based on an income test which is higher than the income test for family tax benefits. This rebate is paid quarterly or annually.