BG - Just so you know FTB payments are not included in your tax return as income, and since the tax free threshold is currently $6,000 the remaining baby bonus of $5k would not attract any tax. Currently the baby bonus is exempt income therefore is also not included in the tax return, but when they use the words 'pre-tax' it may suggest that this may change in the future.
Another thing that annoys me is that SAHMs always get less than working mums, but that is a totally different matter altogether.
Bookmarks