+ Reply to Thread
Results 1 to 6 of 6
  1. #1
    Join Date
    Apr 2012
    Posts
    74
    Thanks
    5
    Thanked
    51
    Reviews
    0

    Default Centrelink supps after tax?

    Does anyone know how they arrive as per your tax? I heArd you got your tax and then a few weeks later after cross referencing you'll get Centrelink supps paid. Can anyone shed some light? And what are they? I am single with a 2 year old.
    Also how can I tell if I overestimated? I split with DP in Jan this year.
    Sorry for all the q's, thank you!!

  2. #2
    Join Date
    Feb 2011
    Location
    Wollongong
    Posts
    657
    Thanks
    151
    Thanked
    173
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    If you over estimated centerlink will know when you do your tax and will refund the difference at about the same time as you get your bonus thing. Depending on your tax return if you earned under what you estimated then they'll give you the full amount which I think is about 600 per child. After you do your tax ring centerlink with your tax return reference number and they will be able to tell you if you'll be getting the full bonus amount and if you overestimated.

  3. #3
    Join Date
    Dec 2009
    Location
    Launceston
    Posts
    13,466
    Thanks
    732
    Thanked
    2,355
    Reviews
    35
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts
    You will need to wait for your DP to do their tax first too.

  4. #4
    Join Date
    Feb 2011
    Location
    Wollongong
    Posts
    657
    Thanks
    151
    Thanked
    173
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    Quote Originally Posted by waterlily View Post
    You will need to wait for your DP to do their tax first too.
    Oh yeah I missed the op comment of splitting this year, thought it said last year. Yep you've gotta wait for him to do tax as you were together for part of this financial year before centerlink will do anything.

  5. #5
    Join Date
    Aug 2006
    Posts
    2,152
    Thanks
    43
    Thanked
    126
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Yep as pp have said you need to both do your tax. Then they will get the income amount from the ATO and do the FTB Supplements plus a reconciliation amount if its due. It should all come together into your account. Mine usually comes with my normal FTB payment as well.

  6. #6
    Join Date
    Apr 2012
    Posts
    74
    Thanks
    5
    Thanked
    51
    Reviews
    0
    Thank you
    We co-ordinated it and both did our tax last Monday. So it's been over a week now. Appreciate the replies !


 

Similar Threads

  1. ftp supps will I get anyway because...
    By Sensational in forum Family Finances
    Replies: 4
    Last Post: 14-08-2012, 12:53
  2. Centrelink supps FTB A and B part year
    By gabby85 in forum Family Finances
    Replies: 1
    Last Post: 28-07-2012, 16:20
  3. FTB supps....
    By jingle in forum Family Finances
    Replies: 3
    Last Post: 25-07-2012, 09:51

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
sales & new stuffsee all
Be In Blossom
Keen to up the intensity of your exercise after having your baby but unsure how? New physio-led Bootcamp Workshops aim to bridge the gap between low and high intensity training, teaching ways to reduce pelvic floor load in gym and bootcamp settings.
featured supporter
Carmels Beauty Secrets
An online beauty and wellness site which offers simple and effective time saving methods and tips which help you look younger for longer.
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!