• Child Care Subsidy – Balancing
    Articles,  Blog

    Child Care Subsidy – Balancing

    Balancing your childcare subsidy is all about making sure you get the right amount based on your circumstances. So how does it all work. At the end of each financial year Centerlink looks at your actual income and compares it to the estimate you gave us throughout the year. They then work out if you are paid too little, just the right amount, or too much. Once Centrelink have done that, they’ll send you a letter to let you know your outcome. So what do you need to do to balance your payments for Childcare Subsidy. You and your partner need to lodge your tax return before your payment can…