S 61-470 repealed by No 49 of 2019, s 3 and Sch 4 item 76, effective 1 July 2019. S 61-470 formerly read:
SECTION 61-470 Who is entitled to the tax offset
61-470(1)
You are entitled to a *tax offset for an income year ending before 1 July 2007 (the
child care offset year
) for *approved child care provided in the previous income year (the
child care base year
) if:
(a)
you are an individual; and
(b)
there is at least 1 *child care base week for you and a particular child in the child care base year.
Example:
If there is at least 1 child care base week for you and a child in the 2004-2005 income year (the child care base year), you are entitled to a tax offset for the child for the 2005-2006 income year (the child care offset year).
History
S 61-470(1) amended by No 113 of 2007, s 3 and Sch 1 item 22, by inserting
"
ending before 1 July 2007
"
after
"
for an income year
"
, effective 1 July 2007.
61-470(2)
A week is a
child care base week
for you and a particular child in the child care base year if:
(a)
the week starts on a Monday in the child care base year (whether or not it finishes in the child care base year); and
(b)
you are *entitled to child care benefit for *approved child care provided for the child in the week; and
(c)
one or more of the following limits applies under Subdivision G of Division 4 of Part 3 of the
A New Tax System (Family Assistance) Act 1999
to your *entitlement to child care benefit for that week:
(i)
the 50 hour limit (see section 54 of that Act);
(ii)
the more than 50 hour limit (see section 55 of that Act);
(iii)
the 24 hour care limit for a particular session (or sessions) of care (see section 56 of that Act).
Note:
If one of the paragraph (c) limits applies, you satisfy the paragraph (c) condition even if you have not used approved child care for the child during the week up to the full extent of the limit.
61-470(3)
If you are *entitled to child care benefit subject to a limit of only 24 hours for a week under subsection 53(3) of the
A New Tax System (Family Assistance) Act 1999
, the condition mentioned in paragraph (2)(c) is not satisfied for the week.
History
S 61-470(3) amended by No 13 of 2006, s 3 and Sch 3 item 1, by substituting
"
24
"
for
"
20
"
, applicable in relation to assessments for income years that start on or after 1 July 2007.
61-470(4)
The 50 hour limit is taken, for the purposes of paragraph (2)(c), to apply to your entitlement for child care benefit for the week if it would have applied but for the fact that you failed to meet the requirements of paragraph 17A(1)(b) of the
A New Tax System (Family Assistance) Act 1999
in relation to the week.
S 61-470(4) inserted by No 13 of 2006, s 3 and Sch 3 item 2, applicable in relation to assessments for income years that start on or after 1 July 2007.
S 61-470 inserted by No 160 of 2005.
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