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  1. #1
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    Default Family Tax benefit part B?

    Hi everyone!
    Just wondering if their was someone a little more cluey than me. I would call centrelink to ask myself but can't call till next week. Hubby is not working at the moment (not that he's not trying to get a job) but at the moment its good he is home anyway as we have a child with special needs who has millions of appointment and 3 other children to care for aswell. So he is on newstart and I on parenting payment partnered. I recently got a letter showing all my pay details and noticed that they take $54 a f/n from my pay as rate reductions. This is on family tax benefit part B. I know it is means tested but assumed if we only recieved centrelink payments that I would be entitled to the maximum. Does anyone have any ideas concerning this? TIA

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    Was your husband working for part of this financial year?
    Have you over estimated your income estimate?


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    mumoffourcuties  (28-11-2013)

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    There should be info on their website about entitlements if you can follow it. The only thing that springs to mind is that it's based on the second parents income. Would have thought benefits were below the amounts though.

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    mumoffourcuties  (28-11-2013)

  6. #4
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    Thanks for your replies. No hubby didn't work in the last 6 months ( so not this financial year) I did overestimate at one point but fixed it up. They haven't changed my payment though. I had a look at the centrelink site but it just says its based on the secondary earners income like you said. I also thought centrelink payments would be below the amounts. So strange.

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    As far as I go when putting my details into the calculators basically every dollar I earn deducts from ftb b where as DH wage doesn't effect it. So I think parenting payment is a taxable income? This would deduct from your entitlement to ftb b as far as I can work out. Have you put all your details into the rate estimators.

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    It's the amount that you end up getting at tax time when you lodge your tax return. It's to avoid over payment but you will get it back.


 

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