Commonwealth Consolidated Acts

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A NEW TAX SYSTEM (FAMILY ASSISTANCE) ACT 1999 - SECT 84F

Component of each formula--child care rebate limit

                   For the purposes of sections 84AAA, 84AA, 84A and 84DA, the child care rebate limit is:

                     (a)  for the income year ending on 30 June 2007--$4,211; and

                     (b)  for the income year ending on 30 June 2008--$4,354; and

                     (c)  for the income year ending on 30 June 2009--$7,500; and

                     (d)  for the income year ending on 30 June 2010--$7,778; and

                     (e)  for the income year ending on 30 June 2011--$7,941; and

                    (ea)  for each of the income years ending on 30 June 2012, 30 June 2013 and 30 June 2014--$7,500; and

                      (f)  for a later income year--the indexed amount substituted under Schedule 4 on 1 July of that later income year for the child care rebate limit for the previous income year.


 



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