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The ‘Income Tested Fee’ is based on an assessment of your financial situation and can mean you will have to contribute to your package. If the government assesses you as having to contribute to your Home Care Package, then you must pay the ‘Income Tested Fee’. No Provider is able to waive this fee. You could pay between $15.43–$30.46 per day if you: are single earning over $53,731.60 are a member of a couple living together earning over $41,121.60 are a member of a couple living apart due to illness earning over $53,211.60 The Daily income-tested fees range from $1.00 (fees calculated less than $1.00 per day are not charged) to a maximum of $30.25 per day. The calculation used to work this out is: ITF = (assessable income LESS income free threshold) x 50%.

Further information about your contribution is available on My Aged Care. Income Tested Fee. If you are a part pensioner or self-funded retiree, you may need to pay an income tested fee. This is a fee that is assessed and set by the Commonwealth Government. We will send you an invoice each month, which shows you the amount of the income tested fee that you’ll need to pay.

• Transport - If transport is required, Helpers may charge that at 78c per kilometre. Our plans LEVEL 1 LEVEL 2 Basic daily fee $0 $0 Home Care Packages. If you need support to remain in your own home, you may be eligible for a Government Subsidised Home Care Package (HCP).

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At CareAbout, we speak to people every single day w Use the home care fee estimator to help you to work out an estimate of what costs and fees you'll be asked to pay when accessing aged care services in your home. The subsidy that will be paid for your Home Care Package will depend on whether you have to pay an income-tested care fee.

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The HCP subsidy is reduced by the amount of the Income Tested Fee. Income Tested Fee. If you are a part pensioner or self-funded retiree, you may need to pay an income tested fee. This is a fee that is assessed and set by the Commonwealth Government. We will send you an invoice each month, which shows you the amount of the income tested fee that you’ll need to pay. The basic daily fee is 17.5% of the single person rate of the basic Aged Pension. As the Aged Pension is reviewed every 6 months, this fee is subject to change. Whilst some Home Care Package providers charge this as a mandatory fee, at Silver Chain, we work with you to balance your package budget so that you don’t need to contribute this amount. Home Care Level Basic Daily Fee* Fortnight HCP Level 1 maximum of $9.63 per day $134.82 HCP Level 2 maximum of $10.19 per day $142.66 HCP Level 3 maximum of $10.48 per day $146.72 HCP Level 4 maximum of $10.75 per day $150.50 Income (for single person) Income Tested Fee Income above $ $27,840.80 but below $53,731.60 (capped at $5,617.47 p.a.) 1.

We will send you an invoice each month, which shows you the amount of the income tested fee that you’ll need to pay. The basic daily fee is 17.5% of the single person rate of the basic Aged Pension. As the Aged Pension is reviewed every 6 months, this fee is subject to change. Whilst some Home Care Package providers charge this as a mandatory fee, at Silver Chain, we work with you to balance your package budget so that you don’t need to contribute this amount.
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The Government subsidy to the home care provider is reduced by the maximum income-tested care fee. There is an annual cap on income-tested care fees, which is applied on a daily basis, and a lifetime cap after which a person cannot be asked to pay any income or means-tested care fees. Income-tested fees and basic daily fees. These fees are controlled by the government and include the: basic daily fee – this is currently capped at a maximum of 17.5% of the age pension, or $9.44 - $10.54/day depending on your package level.

Indexation of annual caps can affect the amount of income-tested care fees you can be asked to pay in a year. Currently the maximum amount is: $15.57 per day or $5,667.73 per year for people with income at or below $54,168.40 Both sets of fees are taken into account when calculating the maximum income-tested care fee. In a lifetime the maximum you can be asked to pay is $68,012.98 (as of March 2021) You can’t be asked to pay more than 50% of any income above the basic age pension rate.
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An income tested home care package consists of Government Subsidy money minus the Income Tested Fee which then can be topped up with the Basic Daily Fee. Income Income Tested Fee Income above $ $26,764.40 but below $51,667.20 (capped at $5,392.91 p.a.) $14.81 per day. HCP funding is income-tested, which determines if the government will provide the full subsidy amount or reduce it for you to contribute the rest toward the cost of your services (the value of your family home is not included in the assessment). This contribution, if required, is called an Income-Tested Fee (ITF). CHSP providers charge a client contribution to help cover the cost of your service.

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While your personal financial situation won’t affect your eligibility for an HCP, you will be required to undergo a financial 2019-10-01 2018-05-31 Some of the fees and costs depend on your financial situation. The Australian Government uses income assessments or means (income + assets) assessments to work this out. If you're applying for a Home Care Package, you may have to pay an income-tested care fee. An income assessment determines if you need to pay this fee.

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There is a lifetime cap of $68,012.98 as at 20 March 2021. Both sets of fees are taken into account when calculating the maximum income-tested care fee.

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