I've just done DH and my tax returns. I only earned $2,500, so I don't need to lodge a tax return but I thought I should give the ATO my information so that they can work out if they have over/ under paid my FTB for the year, and also work out the FTB supplement for us. Is that right? How does it work?
I was told that we should receive appx $300 ish per child and $700 ish per family for the FTB supplement, unless Centrelink has paid us too much/ too little FTB, in which case it will be adjusted. But do I have to claim it somewhere, or will the ATO just pass on mine & DH's tax info to centrelink & then they will work it out automatically and put the $$ in our account?
So am I understanding it correctly, or am I completely wrong? Please set me straight if I am!
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03-07-2012 19:58 #1
Help please :) FTB supplement.
03-07-2012 20:08 #2
Wouldn't you have to included that $2,500 in the non lodgement notice you have to give Centrelink?
So once they've got that and the ATO have passed on the details of your DH's actual income for the year Centrelink can pay out your supps.
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03-07-2012 20:10 #3
Did you put in a non lodgement with Centrelink, you can do it online. And you said it the wrong way around, $700 per child and $300 for the family
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03-07-2012 20:17 #4
I didn't realise there was a non lodgement form, I've just looked on the centrelink website and found it there... so I think I should fill out the non lodgement form instead of lodging my tax return ?
Thankyou for your help
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