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The CCB percentage is determined by using the following formula:
Multiple child percentage (1.1.M.70) x Taxable income percentage (1.1.T.30)
Act reference: FAAct Schedule 2 clause 2 CCB rate calculator
Policy reference: FA Guide 3.5.2.10 CCB Overall Rate Calculation - Approved Care, 3.5.2.20 Calculating the Approved Care Adjustment Percentage, 3.5.2.40 Calculating the Approved Care Taxable Income Percentage, 3.5.2.50 Calculating the Approved Care Multiple Child Percentage
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Last reviewed: 30 April 2012
