INCOME TAX ASSESSMENT ACT 1997
You are entitled to a tax offset for an income year for child care fees if you meet certain conditions.
The amount of the offset is 30% of the difference between the amounts for each child, in the previous year, of child care fees incurred and child care benefit entitlement. This is subject to an indexed cap of $4,000 per child.
If the amount of the tax offset exceeds the amount of your income tax liability, the excess may be transferred to your spouse as a tax offset.