It would be the same. The only difference is that he would be receiving it, not you.
And no, Parenting Payment is NOT just for single parents. There is Parenting Payment Partnered and Parenting Payment Single.
It would be the same. The only difference is that he would be receiving it, not you.
And no, Parenting Payment is NOT just for single parents. There is Parenting Payment Partnered and Parenting Payment Single.
You would only need to swap PPP over. FTB can still be in your name.
yeh ftb wont matter whos name its in PPP would change.
the main difference that could occur from FTB if/how how FTB B will be affected, depending ont he change in income forthe lower income earner.
But someone correct me if I'm wrong - it will also depend on when in the financial year you make the change???
Because one of the FTBs is done based on teh lower- income person's income, if you suddenly start earning within this tax year, you could nudge out of the zone, and if he's already earnt a whole heap, he won't qualify either...is that right...except when the new financial year starts you can reset your estimates and then it'll just go back to being nearly the same as now.
Always a hassle when your income changes near the end of the fin year.
MD, thats part of what I meant byt FTB B being affected.
But, if Abb has been on zero til now, theres not a lot of time left to earn over the maximum, but the rate might change.
It would be more likely your new partners income was too high?
Like Lulu said, it's income and asset tested, and the income test is pretty low for parenting payment partnered. You need a combined gross income of $1579 to qualify.
Yep, what Lulu said....You can only get PPP if your partner's income isn't too high.
I got it for a little bit when Ad was out of work, but dont get it now.
I'm now a working mum and my partner is the SAHM, and she gets the Parenting Payment - Partnered. The FTB is still in my name because its the FAMILY tax benefit so it doesn't matter whose name it is in. And apparently it's too hard to change it, so I didn't bother.
BTW my partner isn't our daughters biological parent and isn't on the birth certificate (stupid QLD...) but she gets PP-P.
Oh and with the FTB, ours was reduced dramatically because we swapped roles in January, and I think the person with the lower income has to be under a certain amount (from memory it was about $5000, but don't quote me) and we were over that amount so they reduce it. But it'll go up again come July hehe
ah well that explains it then, cheers
argh - i replied but must have closed the puter to go to work without posting - dumb!
yes, either parent can be on the arenting payment, provided the income and assets test is met.
don't change ftb though - it becomes messy - the payment is divided into how many days each person has care of the children, one may be overpaid, one gets a top up = it's a FAMILY payment, leave it as the same person
like leash said, your payment may drop for ftb part b based on the estimate for both parents
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