SmithFamily Posted May 4, 2012 Share Posted May 4, 2012 Hi, We are a young family based in Perth on a 457 Visa. Both adults working and 2 x kids in daycare/after school, which costs around $560 per week. We have not claimed LAFHA and also believe that we cannot get any assistance with childcare? Is there anything we can claim back on our tax returns at the end of the year? Our outgoings are pretty much crippling us!!!!! Thanks for your help!:cute::cute: Quote Link to comment Share on other sites More sharing options...
Guest Mattt Posted May 4, 2012 Share Posted May 4, 2012 I'd be interested to know too. I've heard about rent/living costs allowances coming off pre-tax etc, but would like to know more! Quote Link to comment Share on other sites More sharing options...
calNgary Posted May 4, 2012 Share Posted May 4, 2012 Im pretty sure on a 457 you cant claim anything but its worth calling Centrelink to check. Cal x Quote Link to comment Share on other sites More sharing options...
Cal2 Posted May 5, 2012 Share Posted May 5, 2012 can you claim back tax at the end of the year, like everyone else? Quote Link to comment Share on other sites More sharing options...
northernbird Posted May 5, 2012 Share Posted May 5, 2012 Hi, We are a young family based in Perth on a 457 Visa. Both adults working and 2 x kids in daycare/after school, which costs around $560 per week. We have not claimed LAFHA and also believe that we cannot get any assistance with childcare? Is there anything we can claim back on our tax returns at the end of the year? Our outgoings are pretty much crippling us!!!!! Thanks for your help!:cute::cute: Unfortunately you can't claim a thing. You will be treated as a regular taxpayer with regards to contributions but get nothing back. Quote Link to comment Share on other sites More sharing options...
Rupert Posted May 6, 2012 Share Posted May 6, 2012 can you claim back tax at the end of the year, like everyone else? Why do you think everyone claims tax back at the end of the year? Everyone fills in a tax return and some get refunds and some have to pay a bit more tax. I usually have to pay a bit more. There are no benefits like family tax benefit for 457 visa holders and also nobody "claims" LAFHA, either their employer pays it or they do not. Quote Link to comment Share on other sites More sharing options...
Cal2 Posted May 6, 2012 Share Posted May 6, 2012 Why do you think everyone claims tax back at the end of the year? Everyone fills in a tax return and some get refunds and some have to pay a bit more tax. I usually have to pay a bit more. There are no benefits like family tax benefit for 457 visa holders and also nobody "claims" LAFHA, either their employer pays it or they do not.[/QU There are no benefits as such, but you can claim tax back on things like other people do, clearly I didnt mean everyone in the whole wide world. Most people I know use an accountant, check on how much they charge etc first though Cal Quote Link to comment Share on other sites More sharing options...
Perthbum Posted May 6, 2012 Share Posted May 6, 2012 Hi, We are a young family based in Perth on a 457 Visa. Both adults working and 2 x kids in daycare/after school, which costs around $560 per week. We have not claimed LAFHA and also believe that we cannot get any assistance with childcare? Is there anything we can claim back on our tax returns at the end of the year? Our outgoings are pretty much crippling us!!!!! Thanks for your help!:cute::cute: 560 a week is mental, how can peopl survive with out goings like that, that's 2,240+ dollars a month Quote Link to comment Share on other sites More sharing options...
PomPrincesses Posted May 6, 2012 Share Posted May 6, 2012 They have to earn $10,000 a month to break even is how they do it, same as in the UK. That's life these days for families. Quote Link to comment Share on other sites More sharing options...
Perthbum Posted May 7, 2012 Share Posted May 7, 2012 They have to earn $10,000 a month to break even is how they do it, same as in the UK. That's life these days for families. So 25% of your income goes on a child minder :frown: Quote Link to comment Share on other sites More sharing options...
AJ Posted May 7, 2012 Share Posted May 7, 2012 So 25% of your income goes on a child minder :frown: Unfortunately that is one of the drawbacks of a temp visa. If it was PR they could probably claim back half. Quote Link to comment Share on other sites More sharing options...
SmithFamily Posted May 7, 2012 Author Share Posted May 7, 2012 560 a week is mental, how can peopl survive with out goings like that, that's 2,240+ dollars a month with great difficulty lol! They have to earn $10,000 a month to break even is how they do it, same as in the UK. That's life these days for families. yep, and if you earn any less then you find it is a struggle So 25% of your income goes on a child minder :frown: yep, nearly all my wifes wage (after tax) goes on child care. she gets around $750 per week after tax, but remember that because she works she has to run a car etc, so she is effectively working for nothing!!! Quote Link to comment Share on other sites More sharing options...
SmithFamily Posted May 7, 2012 Author Share Posted May 7, 2012 560 a week is mental, how can peopl survive with out goings like that, that's 2,240+ dollars a month They have to earn $10,000 a month to break even is how they do it, same as in the UK. That's life these days for families. So 25% of your income goes on a child minder :frown: our outgoings are appx as follows:- 1. RENT = $450 per week 2. SHOPPING = $250 per week (minimum) 3. CHILDCARE = $560 per week and thats before you add in any electricity bills, water bills, internet, phone, car costs, shortfall on UK mortgage (rent received does not cover it all), medical etc etc. the joys of being a parent!!! lol Quote Link to comment Share on other sites More sharing options...
northernbird Posted May 7, 2012 Share Posted May 7, 2012 with great difficulty lol! yep, and if you earn any less then you find it is a struggle yep, nearly all my wifes wage (after tax) goes on child care. she gets around $750 per week after tax, but remember that because she works she has to run a car etc, so she is effectively working for nothing!!! Why on earth is she doing it then. Surely there comes a time you have to question that, not sure I would be prepared to come out of a hard weeks work with nothing. Quote Link to comment Share on other sites More sharing options...
SmithFamily Posted May 7, 2012 Author Share Posted May 7, 2012 Why on earth is she doing it then. Surely there comes a time you have to question that, not sure I would be prepared to come out of a hard weeks work with nothing. various reasons, i suppose. we are new in the country and work is good for socialisation, I reckon if the missus had to spend all day on her own with the kids she would end up going spare lol! plus we are firm believers that you must work for everything you get in this world, we have came to australia to contribute to the economy and make the country a better place for everyone and try and have a better life for ourselves. hopefully if we get PR then we can claim something back and it will mean we can have a little bit extra to start saving and buy a house eventually. Quote Link to comment Share on other sites More sharing options...
northernbird Posted May 7, 2012 Share Posted May 7, 2012 various reasons, i suppose. we are new in the country and work is good for socialisation, I reckon if the missus had to spend all day on her own with the kids she would end up going spare lol! plus we are firm believers that you must work for everything you get in this world, we have came to australia to contribute to the economy and make the country a better place for everyone and try and have a better life for ourselves. hopefully if we get PR then we can claim something back and it will mean we can have a little bit extra to start saving and buy a house eventually. We discussed the very same thing when we arrived many years ago but thankfully I am a bit of a loner so being home on my own didn't bother me but it would have frustrated the hell out of me to work hard all week, not see my kids and come home with almost nothing. Hopefully you can get PR, the childcare rebate thankfully is not means tested so you can claim up to 50% of your approved childcare costs back which will help you no end. Quote Link to comment Share on other sites More sharing options...
Perthbum Posted May 7, 2012 Share Posted May 7, 2012 our outgoings are appx as follows:- 1. RENT = $450 per week 2. SHOPPING = $250 per week (minimum) 3. CHILDCARE = $560 per week and thats before you add in any electricity bills, water bills, internet, phone, car costs, shortfall on UK mortgage (rent received does not cover it all), medical etc etc. the joys of being a parent!!! lol You must ve it wrong, that's £325 a week in child care. If you have not ot it wrong it looks like child care is the business to get in to. Quote Link to comment Share on other sites More sharing options...
SmithFamily Posted May 7, 2012 Author Share Posted May 7, 2012 You must ve it wrong, that's £325 a week in child care. If you have not ot it wrong it looks like child care is the business to get in to. lol, no defo not got it wrong we are appx $80 per day for our son who is in full time mon - fri and appx $35 per day for our daughter who is in before/after school. and to cap it off because we dont qualify for any rebates etc, even when they are on holidays we have to pay the full amount, we dont get any discount etc, which we found out over xmas. Quote Link to comment Share on other sites More sharing options...
AJ Posted May 7, 2012 Share Posted May 7, 2012 You must ve it wrong, that's £325 a week in child care. If you have not ot it wrong it looks like child care is the business to get in to. Its not wrong, I have been looking for childcare for when I go back and its $80 per day and thats only for 1 child. Quote Link to comment Share on other sites More sharing options...
Guest Posted May 8, 2012 Share Posted May 8, 2012 For the person paying 500+ a week in childcare, consider an Au Pair, it can work out considerably cheaper. Quote Link to comment Share on other sites More sharing options...
fish.01 Posted May 8, 2012 Share Posted May 8, 2012 (edited) You must ve it wrong, that's £325 a week in child care. If you have not ot it wrong it looks like child care is the business to get in to. £254 at the average salary equivalent 2.2 rate and only for people on temp visas...the only benefit I know on the 457 is that your worldwide income isn't taxed by the Australian govt like it would be for permanent residents. Edited May 8, 2012 by fish.01 Quote Link to comment Share on other sites More sharing options...
newlifeincoming Posted May 8, 2012 Share Posted May 8, 2012 They have to earn $10,000 a month to break even is how they do it, same as in the UK. That's life these days for families. That seems a hell of a lot to have to earn! I'm coming over in August and will be getting about $1100/week after tax. I've got PR and will probably initially be living on one wage. My son will go into full time nursery at some point. I figured that although we won't be rolling in it we should get by. $10,000/month seems a bit excessive to me to say that that's the only way to break even. As a nurse I would never be on that kind of money Quote Link to comment Share on other sites More sharing options...
ldticp Posted May 9, 2012 Share Posted May 9, 2012 We have 2 children in daycare one is 2 and a half one is 4 and a half and we pay $759.50 per week on childcare This is pretty standard you can get it slightly cheaper or more expensive, back in the UK we had one child in daycare 1 day a week and paid £42 a day which would equate to being even more expensive than Australia. Not saying its easy but it's the way it is for families. Quote Link to comment Share on other sites More sharing options...
ldticp Posted May 9, 2012 Share Posted May 9, 2012 That seems a hell of a lot to have to earn! I'm coming over in August and will be getting about $1100/week after tax. I've got PR and will probably initially be living on one wage. My son will go into full time nursery at some point. I figured that although we won't be rolling in it we should get by. $10,000/month seems a bit excessive to me to say that that's the only way to break even. As a nurse I would never be on that kind of money Have to say you will have no chance of doing this if you are coming on a 457 visa, you wont get any child benefits and you wont get any childcare back. PR would give you a 50% rebate on the childcare. Being realistic if you spent $350 on Childcare, $400 on rent and $250 on weekly shop thats $1000 gone leaving you $100 for everything else. Quote Link to comment Share on other sites More sharing options...
newlifeincoming Posted May 9, 2012 Share Posted May 9, 2012 I've got PR Quote Link to comment Share on other sites More sharing options...
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