FAO/ATO and tax time reconcilliation

[*Ash*]

Thanks BG. I found that info very useful. Thanks for taking the time to post it.

[kawazuki]

thanx lee..
alll very helpfull and makes sense now

[bearymum]

are you able to tell me if reconcilliation is the same as the $711 supplement per child??

sorry if it has been explained else where.

i am on ppp and ftb a & b and my partner is on dsp.

thanks x

[ladybird11]

Thanks BG!!!

I wish we were entitled to FTB a or b! Doh!

[briggsy's girl]

yes, reconcilliation includes the supplements

if you are on ppp and dsp, and you don't need to lodge a tax return (paid no tax on your ppp or have no other income), you will need to notify FAO so that the system can be updated to reflect you won't be lodging with ATO. if you don't notify, the system will continue to wait on information from ATO indefinitely

[bearymum]

Thank you BG.

We have paid no tax, so is it just fao i have to notify or the ato as well?

[briggsy's girl]

generally you need to notify both. ATO is a simple form you fill in. FAO is a phone call that you can do in a few minutes

[bearymum]

Thank you very much for your help BG