centrelink

[*MRS M*]

hi all
i just checked centrelink on line to see how much i got and they are telling me im geting a heap of money on the 31/8
Arrears payment of Family Tax Benefit Part A Supplement
Arrears payment of Family Tax Benefit Part A
Arrears payment of Family Tax Benefit Part B
Arrears payment of Rent Assistance
Arrears payment of Family Tax Benefit Part B Supplement
and i mean it is in the thousands did anyone else get this kind of thing or should i go and see them....
thanx
sarah

[~clover~]

Its probably all owed to you after your tax adjustment has been done hun
Enjoy!

[*MRS M*]

so seem hubby did his tax and was way under what i allowed thats why i got it?

[briggsy's girl]

sounds perfectly normal to me hun

what has happened is you either overestimated your income signficantly or opted not to receive part of your centrelink FTB payments each fortnight

Arrears payment of Family Tax Benefit Part A Supplement this is part of your annual payment that is held back until after your taxes are done. if you have estimated your income correctly, or overestimated, you get the full entitlement (about 686 per child unless born in that fin yr, then it's less) - if you underestimated your income, some of this is taken to repay any debts
Arrears payment of Family Tax Benefit Part A you overestimated income so you get more of your FTB that you should have been getting each fortnight but didn't. this is based on combined income
Arrears payment of Family Tax Benefit Part B same as FTBA - this is based only on the lower income earner - so if you said your income was 10k but only 5k you get more of a top up
Arrears payment of Rent Assistance same as FTBA - rent assistance is paid to "low income" families and the amount is based on your annual income estimate. if you overestimate, you get more rent assistance
Arrears payment of Family Tax Benefit Part B Supplement same as FTBA supplement


sounds totally normal to me - ENJOY!

[Tinks]

Yes that's why you're getting it. How exciting!!

[~clover~]

Yep. Thats why I try to over estimate every year So I get a big top up at tax time!
If you'd underestimated, you'd have had to pay them back. Much better this way

[PinkPalace]

The previous years tax - i only earned about $3K but declared $20K and got about an extra $5K from centrelink.

so it is possible.

xx

[squidipa]

woohoo well done im hoping on something similar we over estimated by about 25 thousand

[Macca79]

I over estimate as Im scared stiff of getting a bill. It happened to a friend of mine who was told she owed $3000 then it was only $1500 and then they gave her $900. I have no idea about any of it.

[*MRS M*]

one thing im going to do is pay my car loan off