When your child turns five . . . .

[Gigi]

does that automatically mean that Family Tax B DECREASES?

mine has just gone down by $40. Is that normal?

The Family Tax A (in two parts) has stayed the same.

Has this happened to anyone else?

[e_p]

Yep - max rate FTB B for a child under 5 is $140, which decreases to $97.58 for a child aged between 5 and 15.

HTH!

[briggsy's girl]

Yep - max rate FTB B for a child under 5 is $140, which decreases to $97.58 for a child aged between 5 and 15.

HTH!

yeah that!

[Rach75]

I only get FTB B have a just turned 5 yr old and a 2 yr old mine hasn't changed shoudl it have I dont want them to turn aroudn and say oh you owe us money LOL

[e_p]

FTB B is paid based on the age of your youngest child.

[Rach75]

cool thanks

[Astrolady]

Sure did Gigi. It was a shock to us as well. I had to ring up and ask why we had suddenly lost $40 per fortnight.

[Gigi]

it came on the same day as my 2nd rent increase in a year. THanks for the clarification, i had been secretly hoping they had made a mistake.

[Feijoa Mum]

Does it go down again when they turn 15? Or just when the youngest turns 15?

[briggsy's girl]

ftbb (providing you qualify) will stay the same from 5 to the end of the calendar year in which the youngest child either completes year 12 or turns 18 - depending on which comes first

[Feijoa Mum]

Oh ok thanks BG, DS is turning 15 next yr so I was wondering if I should expect another drop. Thank you for clearing that up for me