thread: Q re FTB income limits and new bub

  1. #1
    Registered User
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    Jan 2005
    cowtown
    8,276

    Q re FTB income limits and new bub

    FTB q for anyone who may know.

    I looked up the maximum income limits today, for FTBA
    These aren?t exact I am doing it from memory

    1 child under 13 is approx 100800
    2 under 13 is about 111000

    So asssuming bub arrives in the first half of May, how is my income limit worked out?
    Im assuming as I will have 2 children for about 1.5 months of the financial year, that my income limit will be somewhere in between these 2 figures, it that right?


    Im trying to work out whether to get my maternity leave on half pay as that will reduce my income and potentially put us under the threshold for 08/09

  2. #2
    Registered User

    Dec 2006
    In my own private paradise
    15,272

    yup - they work it out to a daily limit - for the time you have one kidlet, you're on the one kidlet threshold. once Lala arrives, you'll have a higher daily limit so you'll get paid at that rate

    hope that makes sense without going into heaps of waffle!

  3. #3
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    Jan 2005
    cowtown
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    thanks! sure does