For up to 100 hours each fortnight, eligible families will receive a subsidy equivalent to the actual amount charged, up to 120 percent of the Child Care Subsidy hourly rate ceiling. The family will not be required to do any activity tests. On your behalf, your child care providers will apply for the ACCS (child wellness). When your child is in care, they will need to provide a copy of their ACCS certificate to you.
The subsidy will be calculated based on your income, at a rate of $9.80 per hour for one child and $19.60 per hour for two or more children. It is important to note that this is an additional payment, in addition to any other child-related expenses such as rent or mortgage payments, utility bills, food, transport, school fees/books, hygiene products and clothes. The subsidy is intended to cover the cost of care, not profit. However, some child care providers may choose to increase their own income by charging higher rates. In this case, the subsidy may be reduced.
Providers must follow federal, state and local health and safety regulations when caring for children. They must also comply with any specific requirements established by individual programs through contract negotiations or otherwise. For example, some programs require staff to complete training courses before they can accept care for infants. Others may have age limits for care facilities or types of activities allowed.
The child care subsidy helps qualified families with children aged 0 to 12 who are not yet in Grade 7 pay child care fees for their children who are enrolled in registered daycares or family day home programs supervised by a licensed agency. The cost of daycare can be high, especially if you live in an expensive area like Toronto. By offering this subsidy, Toronto's public system reduces the financial barriers to childcare for poor and middle-class families.
How does it work? If you qualify for Ontario Works or Ontario Disability Support Program (ODSP), you will receive up to $10,000 per year (or part of it) to help with the costs of childcare. You must meet certain income requirements to be eligible for this benefit:
You and your spouse/partner must have an annual combined net income of less than $150,000 if you are single or less than $180,000 if you are married or in a common-law relationship.
If you do not meet these income requirements but would still like to apply for the subsidy, there is sometimes money left over from previous years. This is called "carry-over funding". You can apply each year even if you don't meet the initial eligibility requirements; however, any carry-over funds will be reduced by any other government subsidies you may already be receiving.
If you and your spouse are working parents with children under the age of 15 (or up to the age of 16 with SEND), you can claim up to 70% of your qualifying childcare costs, subject to a ceiling. You and your partners must work a minimum of 16 hours each week. Your employer doesn't have to pay you for time spent in school or training.
There is no specific salary threshold that has to be met to be eligible for this scheme but it does require that at least one of you is paid enough to make you eligible for tax relief. If you don't earn enough through wages, benefits such as housing and food will be taken into account when deciding if you're eligible.
Claiming back some of your expenses can lead to a significant reduction in what you owe on tax, but only if your income is more than £16,880 (2015/16 figures). If your income is below this level, then it's not worth claiming back any expenses.
It is important to remember that if you cannot afford to claim all of your expenses, you cannot claim anything. It may be possible to reduce your expenses by reducing your take-home pay or seeking help from charities or community groups.
If you are unable to work because you are looking after sick relatives, suffering from a long-term illness yourself, or have been made redundant, then this scheme isn't for you.
The Child Care Subsidy will cover up to 42 absence days per year with no paperwork and limitless sick days with a medical certificate or comparable. What happens when we go on vacation? All absences (excluding public holidays) that fall on a regular day of attendance are subject to normal costs. For example, if your child goes to daycare on Monday and returns on Friday, they have been away for three days and are liable for any additional charges.
To be eligible for the subsidy, your income cannot exceed $60,000 for an individual or $120,000 for a family. The amount is calculated using your own income plus that of your spouse if you are married. If your income is above these limits, you will not be approved for the subsidy. However, if there are still funds available in your account, your application may be reassessed at a later date.
The Department of Social Services administers the Child Care Subsidy program. You must apply directly for the subsidy through your local Department of Social Services office. You can find their phone numbers here: https://www.socialsecurity.gov/pubs/en/ss/1050.html. It is important to call before you travel back from vacation to make sure you are still eligible for the subsidy.
The yearly ceiling has been raised to $10,190 per kid for households earning more than $186,959 but less than $351,248 per year. Your weekly child care subsidy entitlement will be reduced by 5%. For example, if your subsidy proportion is 85%, 5% of the 85% is withheld. The real subsidy would be covered at 80.75 percent. However, due to the maximum limit, your access to a subsidy will be limited to only 80 percent of its actual value.
In other words, if you are making more than $90,000 and want to keep getting your full subsidy, then you need to make sure that you are giving enough money to Child Care Assistance Fund (CCAF) to reach this threshold. If you are not giving enough, then you will be denied access to this benefit even though your income may be low relative to the market rate. This could mean reducing your spending or finding another way to raise the funds needed to give CCAF enough money to keep handing out subsidies.
There are two ways to avoid being denied access to a subsidy: either increase your contribution or reduce your dependent activity. If you can't afford an additional contribution, then look into other resources that may help you cover the cost of child care. In some cases, your employer may provide financial assistance through work-related benefits such as payroll deductions or discounted rates.
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