The Productivity Commission has been charged with the responsibility of suggesting some areas for improvement and first and foremost in your mind is affordability, with the overriding opinion from those of you who responded to our 2014 Child Care and Workforce Participation Survey¹ that child care should be tax deductible.
The cost of child care still increasing with over 55 per cent of our survey responders saying they are paying over $300 per week per child in child care - up 5 per cent from last year. It's common for parents of under twos to be paying over $100 per day per child in urban and suburban child care centres and with the rebate cap remaining at $7,500, while child care fees rise, affordability is getting worse.
With this in mind it's hardly surprising that 90 per cent of parents polled believe all child care should be tax deductible.
¹ CareforKids.com.au 2014 annual Child Care and Workforce Participation Survey polled just under 1900 participants: 95% female; 75% married, 12% living with partner. 88% working.
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