Hello Everyone, I am so pleased to have found this forum! Please if there is anyone who has a better understanding of the issues I mentioned in my title I would appreciate your help.
I am a single mum to 3 kids 8 yrs and younger. I separated 1 year ago from my husband. Since then I have been getting the following from Centerlink:
Parenting Payment Single
Family Tax part A
Family Tax part B
and Child Support from the father.
What I cannot seem to understand or grasp more like is what happens to these payments if I go to work part time? I have found a job that is two days a week and pays $21,000 a year. I have been to Centerlink 3 times in the last week and each time I walk out with different information! This is not making my decision any easier. Of course I want to work as long as we will be in a better financial position. Given the income of $21,000 a year, how much parenting payment is lost? What about Part A & B of family tax? then there is Child support??? So far Centerlink have said they access my entitlement based on the current tax year but the Child Support Agency work on the previous tax year???? I don't understand at all.
Will I be better off going to work or not? I am anxious about leaving my 14 month old son at daycare but that's just me and I am sure I will feel peace when the time comes to actually dropping him off .
I am finding this decision very hard to make . If it helps I get about $1360 a fortnight from Centerlink and child support of $440 a fortnight.
Please help me make some sense of all this. I need to make a clear decision but importantly I can't get an answer as to whether I will be better or not? If so by how much? Also is child support considered an income to centerlink or not?
Thanks for reading and I really hope you can help.