thread: Is it true?? $1000 per child??

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  1. #1
    Registered User
    Add Rach75 on Facebook

    Oct 2005
    Moura, QLD, Australia
    3,754

    Doesn't everyone receive FTB Part A? Not just low and middle income earners? I receive it as a lump sum at the end of the year, I wonder if I will get it, esp since my family income just about exceeds the $150k threshold?

    no its B thats most common its the one based on lower earner ie SAHM, we dont qualify for tax a but get full amount for tax b as I am a SAHM

  2. #2
    2013 BellyBelly RAK Recipient.

    May 2007
    Brisbane
    5,310

    FTB(A) has an income test...
    For Family Tax Benefit Part A, if your family's actual annual family income for this financial year is $42,559 or less, your payment will not be affected by the income test.

    If your actual annual family income is more than $42,559 for this financial year, your payment will reduce by 20 cents for each dollar above $42,559, until your payment reaches the base rate of Family Tax Benefit Part A.

    Your Family Tax Benefit Part A will stay at that rate until your actual annual family income reaches $94,316 a year (plus $3796 for each Family Tax Benefit child after the first). Family Tax Benefit Part A will reduce by 30 cents for every dollar over that amount until your payment reaches nil.
    (can you tell I'm bored I'm searching the CENTRELINK website LOL