Families using the Australian Government’s Child Care Subsidy (CCS) can now monitor the subsidy balancing progress through an online portal. This process helps ensure that families are accurately assessed for the subsidy after the final income verification is completed. The balancing progress is simple and seamless.
The Importance of Balancing Your Child Care Subsidy
Balancing your CCS is important as it determines the subsidy amount you are entitled to and how much you have already accessed within the financial year. This balance is especially critical for any overpayment and underpayment. The Australian Government mandates that a tax return must be lodged—or exempt filed—before balance finalization. This rule also applies for those who have already informed the ATO of their tax situation.
Actions Required to Balance Your Accounts
If you remained single throughout the entire year and received Family Tax Benefit (FTB), the government may have auto-balanced your FTB and your Family Tax Benefit. However, automatic balancing does not apply to your Child Care Subsidy. You still need to take action by filing your tax return or telling Them that you are not required to lodge a return.
Here is a table summarizing the process to check the status of your Child Care Subsidy online:
Step | Action |
---|---|
Access Online Account | Sign in to your Centrelink online account via myGov or Express Plus app |
Navigate to Child Care Subsidy | Select Menu > My Family > Child Care > Payment Balancing |
View Subsidy Status | Check current status, payment balancing, and assessment results |
Confirm Enrolment Details | Verify and confirm your child’s enrolment details if required |
Update Information | Report any changes in income or family circumstances promptly |
To assist parents in balancing the Child Care Subsidy, Services Australia has provided an online portal for parents to check the status of Child Care Subsidy balances Management. Parents can check the status of the subsidy balancing by logging into MyGov linked to Centrelink, where it indicates the status whether it is in progress, completed, or requires further action. This online visibility helps parents budget better.
Get Real-Time Updates via RSS Alerts
To assist in notifying parents about changes relating to the Child Care Subsidy, Services Australia has established an RSS news feed. With this service, parents can set up notifications for their preferred RSS feed and get real-time alerts, thus, ensuring that they do not miss important subsidy notifications or deadlines.