Family Tax Benefit – Part A and Part B

Highlights In This Article Overview of the Family Tax Benefit Family Tax Benefit (FTB) is a two-part payment for eligible families to assist with child-rearing…

Highlights

  • The Family Tax Benefit (FTB) is a government payment designed to help with the cost of raising children.
  • It consists of two parts: Part A, based on family circumstances, and Part B, providing additional assistance to families in need.
  • Eligibility requirements must be met to receive these payments.

In This Article

  • Overview of the Family Tax Benefit
  • Family Tax Benefit Part A
  • Family Tax Benefit Part B
  • How to Apply for Family Tax Benefit
  • Tools and Assistance

Overview of the Family Tax Benefit

Family Tax Benefit (FTB) is a two-part payment for eligible families to assist with child-rearing costs.

  • Part A – Paid per child, based on family circumstances.
  • Part B – Paid per family, providing additional financial assistance when needed.

Family Tax Benefit Part A

To qualify for Family Tax Benefit Part A, you must:

  • Care for a dependent child.
  • Meet residency requirements.
  • Pass an income test.

Family Tax Benefit child criteria

Your child must be:

  • Aged 0 to 15 years.
  • Aged 16 to 19 years and meeting specific study requirements.
  • In your care for at least 35% of the time and must not be receiving other financial assistance.

Income test

The amount of FTB Part A you receive depends on family income. A tax return must be submitted at the end of the financial year, or an exemption must be requested if a tax return is not required. Any child support received will affect the payment amount.

Other requirements

To receive this payment, your child must meet early childhood immunization requirements and complete a health check at age four.

How much does the Family Tax Benefit Part A pay?

The amount you receive depends on:

  • Your income.
  • The number of children in your care.
  • The ages of the children.

Payments can be made fortnightly or as a lump sum at the end of the financial year. FTB Part A may also include a supplement at the end of the financial year, calculated after adjusting family assistance payments.

You may also qualify for:

  • Newborn Supplement and Newborn Upfront Payment.
  • Energy Supplement.
  • Multiple Birth Allowance.
  • Rent Assistance.
  • A Health Care Card.

Family Tax Benefit Part B

Family Tax Benefit Part B provides extra financial support to single-parent families and non-parent caregivers. It also assists some families with a single main income. It recognizes that parents may be unable to work due to their circumstances or their child’s age.

Who is eligible for Family Tax Benefit Part B?

To qualify for Family Tax Benefit Part B, you must:

  • Care for a dependent child under 13 years old if in a couple (with one main income).
  • Be a single parent or grandparent carer of a dependent child under 18 (meeting study requirements if aged 16 to 18).
  • Provide care for the child at least 35% of the time.
  • Meet residency and income test requirements.

FTB Part B cannot be received while receiving Parental Leave Pay.

How much does the Family Tax Benefit Part B pay?

The amount paid depends on:

  • The age of your youngest child.
  • Your income.

Payments can be made fortnightly or as a lump sum at the end of the financial year. A supplement may be paid after income tax returns are lodged or an exemption is granted.

Additional benefits may include:

  • Energy Supplement.
  • Single Income Family Supplement.

How to Apply for Family Tax Benefit

The easiest way to apply is online. To apply, you may need to create an account with the relevant government services portal.

If online application is not possible, alternative methods may include:

  • Calling the relevant government support line.
  • Visiting a service center.

Tools and Assistance

For more information about eligibility, application process, and support services, visit the official government website.

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