childcare out of pocket expenses

hey guys,
i know what my ccb percentage is but i want an online calc or formulation that i can work out what my out of pocket expenses will be, does anyone kno?

If you know your percentage and how much it costs per day, than just work it out.

So for example if your percentage is 40%, and it costs $60 per day then just work 40% of $60 which is 0.4 x $60 = $24.

HTH

If you know your percentage and how much it costs per day, than just work it out.

So for example if your percentage is 40%, and it costs $60 per day then just work 40% of $60 which is 0.4 x $60 = $24.

HTH

Thanks, But i was told the formula was different to that at working out normal percentages. does anyone kno if this is true?

Oh sorry I just assumed it was that easy lol! I havent had to do this yet smile

Maybe give Centrelink a call? Sorry I was no help :0

Good luck

hey guys,
i know what my ccb percentage is but i want an online calc or formulation that i can work out what my out of pocket expenses will be, does anyone kno?

Centrelink have an online CCB estimator if you know what the childcare charges per day/session.

Oh sorry I just assumed it was that easy lol! I havent had to do this yet smile

Maybe give Centrelink a call? Sorry I was no help :0

Good luck

Thats ok.
THANKS for replying smile

hey guys,
i know what my ccb percentage is but i want an online calc or formulation that i can work out what my out of pocket expenses will be, does anyone kno?

ring the centre and give them your percentage they will then be able to tell you the cost.

Child care calculator

Go to this link it's a free calculator and it derfinatly works. I have tried it with my kids details and it is correct

Erin

Child care calculator

Go to this link it's a free calculator and it derfinatly works. I have tried it with my kids details and it is correct

Erin

Thank you so much!

hey rachelsmummy - just so you know chick the CCB is only a percentage of the gov rebate that is paid to eligible services, the fee the service charge is up to them and varies from service to service. Just thought I would let you know in case you were wondering grin

I know this thread is very old but in case if some other mom is wondering how to calculate CCB or CCR you can follow the child care calculator at http://www.childcarecalculator.com.au/

Maddie

This online calculator is not correct. For example, $150,000 family income,1 kid in long day care for 48 weeks, 50 hours per week with fee of $600 per week. The calculator shows the CCR is $8,125. This is definitely incorrect as since June 2012 the CCR limit is $7,500.

If you need a working calculator, please download the Excel one (which is recommended by forum member JSCnO) from the link below:

http://www.investmentpropertycalculator.com.au/...

In addition, new child care subsidy will replace CCB & CCR in July 2018. If you want to know the difference, you can use the above-mentioned Excel calculator as well.

It seems that the online child care subsidy calculator from http://www.childcaresubsidycalculator.com.au/ estimates CCS payments as well as the one from https://www.goodstart.org.au/rebate-estimator.

Cheers,

Patrick

Maddie1988 wrote:
I know this thread is very old but in case if some other mom is wondering how to calculate CCB or CCR you can follow the child care calculator at http://www.childcarecalculator.com.au/