Published by Admin at 29 March 2018 CCS SYSTEM (childcare subsidy) The new Childcare Subsidy will begin in July 2018, The key changes for families Is it has been simplified. The centrepiece of the package is the Child Care Subsidy. When the Child Care Subsidy commences in July 2018, it will: replace the Child Care Benefit (CCB) and Child Care Rebate (CCR) with a single, means-tested subsidy be paid directly to service providers be simpler than the current multi-payment system be better targeted and provide more assistance to low and middle-income families Family Income Families earning $65,710^ or less will receive a subsidy of 85 per cent of the actual fee charged (up to 85 per cent of an hourly rate cap). For family incomes above $65,710^, the subsidy gradually decreases to 20 per cent when family income reaches $340,000^. For families with incomes of $350,000 or more, the subsidy is zero per cent. Combined Family Income Subsidy rate Up to $65,710 85% Over $65,710 to under $170,710 Gradually reducing to 50% $170,710 to under $250,000 50% $250,000 to under $340,000 Gradually reducing to 20% 340,000 to under $350,000 20% $350,000 or more 0% Activity test requirements […]