Family system

This section answers what a household decision is worth. Add a partner, children and childcare and PayLens combines both incomes with the subsidy and the tax on the extra day, so you can see whether another workday, a change in care or a change in hours leaves the household ahead.

• Second IncomeWhat a partner’s income adds after tax and withdrawal.
• Childcare & SubsidyFees, subsidy percentage and the net cost per care day.
• Day Four TestWhether an extra workday pays for itself.
• Parental LeavePaid leave, super and the return-to-work position.

• Australian income tax, explainedHow the second income is taxed at the household margin.
• The Medicare levy, the surcharge, and the exemptionsFamily thresholds and how children change them.
• When salary packaging is worth it, and when it is notWhy reportable amounts can move family payments.