How is paid parental leave working

[peanutter]

Thanks

[emc2]

It bugs me the govt made a big hoo haa about it, but on low incomes some are better to take baby bonus.

PPL is taxable; BB is not taxable to my knowledge.

[briggsy's girl]

That's why there is a comparison estimator available on the centrelink website. So people can make the decision most appropriate for them. For us, due to DH being sahp, bb would probably be the more viable option. Each family is unique and needs to decide for themselves though...

[thirdtimelucky77]

Hey guys,

Really dumb question - and yes I will ring the FAO on Monday - but in the meantime I'm curious - DH and I have never qualified for any of these payments since means testing came in - however in regards to the Baby Bonus - I get the bit where you need to have taxable income of less than $75k in the six months after the birth of the baby (or in this case babies) - what I want to know is - is the $75k just my income alone for the 6 months post birth - or is eligibility calculated based on both mine and DH combined income in the 6 months post birth?

Eg - I won't earn anything (so less than $75k) in the 6 months post birth (except for 4 weeks paid mat leave from my employer) - however my DH will earn more than $75k during the 6 months post birth - am I eligible for the BB based on my personal income alone or is DH income and mine combined to assess BB eligibility?

Thanks in advance for any assistance you can offer! the ATO website is not very clear about Individual income vs combined income

X