thread: Paid Parental Leave vs Baby Bonus - which one for me?

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  1. #1
    Registered User
    Add CKJ on Facebook

    Dec 2011
    Central Coast NSW
    502

    isn't baby bonus a tax free lump sum (a bit over $5K) ... ? so you get the lot no matter how much or how little you work?

    also, I thought you don't Fam Tax B if you claim baby bonus ... but that might be wrong ...
    From what I read online the baby bonus is now paid fortnightly and doesn't affect FTB B, but I'm so confused with it all!

  2. #2
    Registered User

    Nov 2008
    in the ning nang nong
    12,163

    yes, paid fortnightly but everyone gets 13 fortnightly instalments.

    there's an online calculator that shows you a direct comparison of PPL -v- BB

    try it: How the Paid Parental Leave Estimator works