Calculate your family's Child Care Subsidy percentage (up to 90% for income under $83,280) and out-of-pocket daycare costs per hour.
Government pays A$359.00/week towards your fees.
Subsidy Amount = Subsidized Hours × min(Hourly Fee, $14.29 Cap) × Subsidy %Subsidy % starts at 90% for income ≤ $83,280 and tapers by 1% per $5,000.
All calculations, amortizations, and scenario projections displayed on this page are strictly for informational and educational purposes. Nothing herein constitutes investment, financial, tax, or legal advice. Actual ATO tax rates, superannuation rules, RBA cash rates, and lender criteria may vary. Calconova explicitly disclaims all liability for any decisions taken based upon these calculations. Consult an ASIC-licensed financial advisor or CPA prior to executing financial commitments.
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