The childcare package will allow a family earning less than 65,000 a year to have 85 per cent of their child care bills paid for by taxpayers.
Those earning more than 185,710 will only be able to claim 10,000 per child.
There were also safeguards allowing children from disadvantaged homes to be eligible for fully subsidised full-time attendance of 50 hours per week, he said.
What DO YOU have TO DO TO GET THE NEW subsidy?Unless both your parents are working.For families earning 65,710 or less, you will have 85 per cent of your child care fees covered by the bhldn coupon code december 2014 government.Anyone on more than 350,000 will not get any subsidies.Greens and Labor wanted the 12 hours-a-week entitlement boosted to 15 hours, with Greens senator Sarah Hanson-Young describing the move as a kick in the guts for vulnerable children who had been put in the dustbin.
But about 128,000 families will get reduced subsidies, including 52,100 earning less than 65,710 a year (mainly because they dont work enough to be eligible).
This is what has changed: current payments will BE scrapped, the Child Care Rebate (which covers 50 per cent of child care fees up to an annual cap of 7500) and the means-tested Child Care Benefit will be replaced with the new subsidy.
On average, those earning between 65,710 to 170,710 will be 1500 better off.The government also wants to abolish the end-of-year supplements but has not been able to find support for this yet.Many working parents will soon be able to get more subsidised child care after a major overhaul of the system passed the Senate last night.Fee subsidies are based on a set hourly rate (11.55 centre-based day care,.70 family day care,.10 outside school win food shopping hours care).For those earning between 170,710-250,000, you will get 50 per cent of your child care fees covered by the government.IS therap ON HOW much YOU CAN claim?Family tax benefit rates will be frozen for at least two years to help pay for childcare under the new plan.The amended legislation will go back to the lower house for approval before it is officially passed.Labor and the Greens opposed the package, arguing it hurt the most vulnerable and disadvantaged by halving the hours of subsidised care available for families earning less than 65,000 a year who dont meet the activity test.If you pay more than this, you will have to cover the difference.