I'm pretty sure at some stages the amount you can earn does go up before your payment is affected (just can't remember if it is every year or not??)
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I'm pretty sure at some stages the amount you can earn does go up before your payment is affected (just can't remember if it is every year or not??)
Kirtsy - Hmm well maternity leave paid, would that be me levaing work and taking all my holiday pay. Because i know i dont get maternity leave paid btu i am taking my holiday pay! is this wat u mean.
Jenni - is DF ur partner??? If so, 600 a fortnight, what if my partner was bringing home 600 a week
I don't think you taking your holidays counts as paid maternity leave Lorin.
Ok cool. well thanks for all your help hopefully it works out to what i understand now.
can i ask a question i get 160 a fortnight i know its not for how much my hubby brings home its for the other now im not renturn back to work anytime soon im i already getting sahm payment or am i gettting a payment for my child also when i have this baby will my payment of 160 go up cozz i have two children or wat im so confussed
Kylie if I am reading your post correctly (& please let me know if I'm not) you are getting a fortnitely payment for the child you already have, when this baby is born I would expect that your payment may rise to a higher fortnitely amount due to the second child. Do you know what part of the family tax you are getting?? Do you get part A & part B or just part B?
hey kristy
i think im getting part b only cos my hubby earns to much but really with the one income isnt not really enought dose that sound right
It does sound right, Part A is determined by your partners income & Part B is determined by your income.
As an example, this financial year (2005-2006) my DH earnt $75,000 so we weren't eligible to receive any of the Part A entitlement, but I estimated my income to be $10,200 & I received just over $70 a fortnite for James.
It's just so damn confusing trying to work this stuff out!
Just remember that if you have a reduced benefit due to over estimating your possible income, or if you don't end up going back to work, you can claim FTB in a lump sum after you have done your tax returns. That way you get a nice big bonus.
That is exactly what is going to happen here Sammi, coz I estimated $10,200 but in reality only earnt about $6,000 (because of the time off with Thomas' pregnancy complications & subsequent stillbirth) I'm gonna get a nice little boost to my tax return.