Schedules
Schedule 2
-
Amounts of child care subsidy and additional child care subsidy
Note: See Division
6
of Part
4A
.
Part 1
-
Amount of child care subsidy
3
Applicable percentage
-
basic case
(1)
An individual
'
s
applicable percentage
for a session of care provided to a child in a CCS fortnight is determined by the following table (unless that percentage is determined in accordance with clause
3A
).
|
Applicable percentage
|
|
Item
|
If the individual
'
s adjusted taxable income for the income year in which the CCS fortnight starts is:
|
Then the applicable percentage for the individual is:
|
| 1 |
equal to or below the lower income (base rate) threshold |
90% |
| 2 |
above the lower income (base rate) threshold and below the upper income (base rate) threshold |
see subclause
(2) |
| 3 |
equal to or above the upper income (base rate) threshold |
0% |
History
Sch 2 cl 3(1) amended by No 66 of 2022, s 3 and Sch 1 item 11, by substituting the table, effective 1 July 2023 and applicable in relation to sessions of care provided to a child in a CCS fortnight that starts in the income year in which this item commences or in a later income year. The table formerly read:
|
Applicable percentage
|
|
Item
|
If the individual
'
s adjusted taxable income for the income year in which the CCS fortnight starts is:
|
Then the applicable percentage for the individual is:
|
| 1 |
equal to or below the lower income threshold |
85% |
| 2 |
above the lower income threshold and below the second income threshold |
see subclause
(2) |
| 3 |
equal to or above the second income threshold and below the third income threshold |
50% |
| 4 |
equal to or above the third income threshold and below the fourth income threshold |
see subclause
(3) |
| 5 |
equal to or above the fourth income threshold and below the upper income threshold |
20% |
| 6 |
equal to or above the upper income threshold |
0% |
Sch 2 cl 3(1) amended by No 86 of 2021, s 3 and Sch 2 item 6, by inserting
"
(unless that percentage is determined in accordance with clause 3A)
"
, applicable in relation to sessions of care provided to a child in a CCS fortnight that starts on or after 7 March 2022.
(2)
If table item 2 applies, work out the individual
'
s
applicable percentage
for the session of care using the following formula and rounding the result to 2 decimal places:
History
Sch 2 cl 3(2) amended by No 66 of 2022, s 3 and Sch 1 item 12, by substituting the formula, effective 1 July 2023 and applicable in relation to sessions of care provided to a child in a CCS fortnight that starts in the income year in which this item commences or in a later income year. The formula formerly read:
(3)
(Repealed by No 66 of 2022)
History
Sch 2 cl 3(3) repealed by No 66 of 2022, s 3 and Sch 1 item 13, effective 1 July 2023 and applicable in relation to sessions of care provided to a child in a CCS fortnight that starts in the income year in which this item commences or in a later income year. Sch 2 cl 3(3) formerly read:
(3)
If table item 4 applies, work out the individual
'
s
applicable percentage
for the session of care using the following formula and rounding the result to 2 decimal places:
(4)
In this Act:
lower income (base rate) threshold
means $80,000.
Note:
This amount is indexed annually in line with CPI increases (see Schedule
4
). However, the amount will not be indexed in 2023 (see subclause
3(9)
of Schedule
4
).
upper income (base rate) threshold
means the lower income (base rate) threshold plus $450,000.
History
Sch 2 cl 3(4) substituted by No 66 of 2022, s 3 and Sch 1 item 14, effective 1 July 2023 and applicable in relation to sessions of care provided to a child in a CCS fortnight that starts in the income year in which this item commences or in a later income year. Sch 2 cl 3(4) formerly read:
(4)
In this Act:
lower income threshold
means $65,710.
Note:
This amount is indexed under Schedule
4
.
second income threshold
means the lower income threshold plus $105,000.
third income threshold
means the lower income threshold plus $184,290.
fourth income threshold
means the lower income threshold plus $274,290.
upper income threshold
means the lower income threshold plus $284,290.
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