+ Reply to Thread
Page 1 of 4 123 ... LastLast
Results 1 to 10 of 36
  1. #1
    Join Date
    Oct 2011
    Location
    Adelaide
    Posts
    2,495
    Thanks
    364
    Thanked
    337
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts

    Default Centrelink question

    Hello all, just a question, my Centrelink payments are odd because of my husbands business.
    Now the question is....I've just completed a new estimate for next year, it is saying I am still entitled to payments, will this change after ATO contacts Centrelink or when the papers go through?

    The accountant said he will do everything.

    I am sure I will need to pay money back, so I'm also wondering, how long does it take for Centrelink to contact me? If, and how much money has to be payed back.

    Thank you

  2. #2
    Join Date
    Feb 2009
    Location
    my house
    Posts
    17,696
    Thanks
    1,391
    Thanked
    7,284
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 posts
    If you've done an estimate for next year then you won't know until after 2015-2016 financial year.

  3. #3
    Join Date
    Oct 2011
    Location
    Adelaide
    Posts
    2,495
    Thanks
    364
    Thanked
    337
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    What about for 2014/2015?

  4. #4
    Join Date
    Feb 2009
    Location
    my house
    Posts
    17,696
    Thanks
    1,391
    Thanked
    7,284
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 posts
    Quote Originally Posted by Nafsika View Post
    What about for 2014/2015?
    Well you can check how much you estimated and you should have a rough idea by now of your income.

    It always pays to overestimate so you don't have to pay anythinch back, or just claim your ftb at the end of the financial year.

  5. #5
    Join Date
    Oct 2011
    Location
    Adelaide
    Posts
    2,495
    Thanks
    364
    Thanked
    337
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Quote Originally Posted by BigRedV View Post
    Well you can check how much you estimated and you should have a rough idea by now of your income.

    It always pays to overestimate so you don't have to pay anythinch back, or just claim your ftb at the end of the financial year.
    When you estimate it tells you not to include ftb

  6. The Following User Says Thank You to Nafsika For This Useful Post:

    BerryDelicious  (07-06-2015)

  7. #6
    Join Date
    Feb 2009
    Location
    my house
    Posts
    17,696
    Thanks
    1,391
    Thanked
    7,284
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 posts
    Quote Originally Posted by Nafsika View Post
    When you estimate it tells you not to include ftb
    I don't know.

    How much ftb do you get?

  8. #7
    Join Date
    Oct 2011
    Location
    Adelaide
    Posts
    2,495
    Thanks
    364
    Thanked
    337
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Quote Originally Posted by BigRedV View Post
    I don't know.

    How much ftb do you get?
    I don't check it usb goes in the account. Bt in the estimate it said not to include it.

  9. #8
    Join Date
    Apr 2013
    Posts
    2,174
    Thanks
    284
    Thanked
    576
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    No never include ftb in your estimate. It's not income earned. You don't include. Nafiska. You'd only get a debt if your husband's actual income is way over your estimate. No ome can tell you what your debt will be till you both do your tax returns and centrelink works out what you should've received according to what you did receive. This won't happen till after financial year finishes obviously. From when you both lodge your tax returns to when centrelink works out their bit it can take a month. But that would also depend on when your work sends you your group certificate so you can do your tax return.

  10. The Following User Says Thank You to ProudMumma34 For This Useful Post:

    HappyBovinexx  (05-06-2015)

  11. #9
    Join Date
    Apr 2013
    Posts
    2,174
    Thanks
    284
    Thanked
    576
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Always find it strange too that people don't know how much ftb they get...don't u realise extra money is in your account?

  12. The Following 2 Users Say Thank You to ProudMumma34 For This Useful Post:

    AngelicHobgoblin  (05-06-2015),Soon2be4  (05-06-2015)

  13. #10
    Join Date
    Apr 2013
    Posts
    2,174
    Thanks
    284
    Thanked
    576
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    If you have a debt they will contact you ny mail.


 

Similar Threads

  1. Centrelink Question about Reconciling a Relationship!
    By jessieandbub in forum Introductions
    Replies: 1
    Last Post: 01-02-2015, 12:16
  2. Centrelink 'Actual Income' question
    By emma26 in forum Family Finances
    Replies: 6
    Last Post: 22-07-2014, 12:00
  3. Centrelink q
    By monnie24 in forum General Chat
    Replies: 2
    Last Post: 09-06-2014, 01:06

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
christmas gift guidesee all Red Stocking
Springfree Trampoline
Give the Ultimate Christmas Gift Springfree Trampoline
The World's Safest Trampoline™ is now also the world's first Smart Trampoline™. Sensors on the mat detect your every move and your jumps control fun, educational and active games on tablet. Secure the Ultimate Christmas Gift today!
sales & new stuffsee all
Bub Hub Sales Listing
HAVING A SALE? Let parents know about it with a Bub Hub Sales listing. Listings are featured on our well trafficked Sales Page + selected randomly to appear on EVERY page
featured supporter
Wendys Music School
Wendy’s Music School. Experience, Quality and great service! For qualifying students we will get you playing or singing your favourite music in 90 days GUARANTEED! Book a free assessment online now!
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!