Please Help.....new mum!! Parenting payment

[kerrie]

Hi all, I had a gorgeous girl on February 13th and started getting PP about 2 weeks after that.
Now Centrelink has asked me to supply a family income estimate. What do I do????
My partner doesn't work, he gets Centrelink atm too. He's starting work soon so i get to see less of him .
I get about 420 for PP, about 120 for FTA and about 60 for FTB. All fortnightly payments.
The partner gets about 400 for Youth Allowance a fortnight aswell, though that got canceled today.
I still get the baby bonus but I read somewhere you don't include it?
I have no idea what to do.....
Someone please help

[Chamberry]

Basically all you have to do is estimate how much money you and your partner will be earning between now and July. So that includes your parenting payment, family tax benfit and any wages that he may earn. I recommend over-estimating a bit so your not owing anything at the end of financial year.

[mbear]

Chamberry, are you sure its not next fin year.....1 july 2010 - 30 June 2011 they might be asking ???i got the same letter asking for next fin year forecast.....i could be wrong....but my centrelink letter is seeking income details for next fin year.....

[Lulu]

You do NOT include FTB, it is not taxable income. Give them a call and do it over the phone. xoxoxo

Check your letter and see what date they are asking for. If it is next year you have to try to work out what you will be earning. If at all.

[zwan87]

Just ring them if your worried they talked me through everything

[deletedit]

Its your estimated *taxable* income. Which is different to the income you have to declare for them so they can reduce your payments (I am a landlord and the amount I can claim as expenses vs rent is massively different for tax and centrelink). I categorically hate their system.