Bugger. I do have the online, just not used to it yet. & its kinda hard to get an answer to a question that way. I only really ring if I need an answer then & there.
Oh well. I'll just have to let the kids keep trashing the house while I sneak outside.
Or get off BB & work out the online services.
BG - sorry to chrash this thread! When over-estimating your income, do you then get a 'top up' payment of what you should of recieved if you stated your income exactly? I just went on the Family assistance website and according to the calculator thing - we should of been recieving about a $130 more a fortnight that we actually did. It also included FTB part B, which we never originally got becasue of the over-estimate. We over estimated by almost $18,000, due to my change in work situation, and never bothered to fix it, assuming we would recieve it at end of financial year. Or is it more of a base rate (I don't know if that is the right word..). Is it better to over estitmate, or not?
Last edited by mrscricket; August 18th, 2008 at 03:46 PM.
I'm not BG, but you should get it when you get the $600 FTB payment - if you get it.
Once you both do your tax they will cross reference with the ATO & work out if you need to be back paid or not. I've always gone at least $10 000 over JIC.
If you don't need to put in a tax return for yourself, don't forget to ring the FAO & tell them.
Thats with your FTB though. I've never been entitled to PP unless I ring every fortnight & declare DH's earnings for the f/n, so I dunno how that works.
BG knows everything. She'll tell you if I'm right or not.
em, you should receive a top up, but it may not be as much as is outlined on the estimator (as it uses 08/09 details, not 07/08) - it will pay automatically once your tax details are received. if you're entitled to it, you WILL receive it.
OK - im going to join the trend and crash this thread too
BG- im pretty sure that we have over estimated our income by a lot - like 10,000+ (maybe even 20K)... when providing details i thought that it was gross income AND as DH is Self employed i wanted to be safe so added a bit more... does this look bad when it comes to doing the adjustments? is there any disadvantage?
BG - just wanted to say - you are AMAZING! I have just been looking through some of the other threads and you are the most helpful person ever! Thanks for answering my q. I was starting to think I had really, really stuffed up.
BG,
I got my statement today but now I am confused (not hard) and am just wondering... the CCB paid is only for Jan to June30. I can't remember when we registered for CCB but shouldn't it be backdated to when DD started in July 07?
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