claiming C'link benefits before end of financial yr

[briggsy's girl]

the only time you WON'T get a top up if you over estimate is if you take more than 24 months to lodge your tax return (which i'm guessing you won't do!) - otherwise, if you overestimate, you get the rest of your entitlements paid to you as a top up

[barbie-up]

Something else included with the 'top up' is the approx $600 per child if you receive family tax A and $300 per family if you receive family tax B.

I love tax time !! I count down from about January every year !

[briggsy's girl]

the $600 and $300 payments are based on income as well - they are not guaranteed - they are a part of your FTB entitlement but when income reaches set thresholds, these reduce. so please don't assume getting some FTB means you get these payments

[Willow]

BG, can you tell me what the combined income threshold is to receive FTB? I'm positive we'll get it this year but just wanted to check??

[briggsy's girl]

Willow - with two kidlets the ABSOLUTE cut off - including supplements (the $600 cutting out) for 08/09 is 111082

[barbie-up]

Sorry bout that - I thought that if you were under the threshold for receiving FTB A or B, then you automatically got the top ups ?

How would it work that you receive A and B and not get the $600 or $300ish at tax time? Assuming you have correctly estimated your income/s for the year ?

[Willow]

Oooh cool, we should just make it I think!

Thanks BG!!