Prior to having our third child we were receiving FTB part B. I've noticed we are no longer getting Part B, we are getting part A instead. Does this sound right? Can you receive only one or the other, not both? Perhaps someone can shed some light while I continue to get through to centrelink.
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30-10-2014 10:44 #1
FTB part A and B
30-10-2014 11:00 #2Senior Member
- Join Date
- Jan 2013
Part B is only for Single income families (or where one partner earns less than about $6000 - can't remember the exact number off the top of my head). Part A is based on whole family income.
30-10-2014 11:08 #3
Part b as pp stated is an additional payment for single income or where one partner earns less than 20k roughly. (You get a reduced amount over 6k). So either you are entitled to part A or both part A and B.
30-10-2014 11:39 #4
Now I could be wrong...but my sil is receiving ppl and only gets ftb part A, she's a single mother. Are you receiving ppl? Maybe that has something to do with it?
30-10-2014 11:50 #5
Are you receiving paid parental leave?
30-10-2014 11:51 #6
If you were previously getting part B, you would have been getting some amount of part A as well.
As pp's have said, part B is for single income or low secondary income families. If you're receiving PPL or have updated your yearly income estimate to over the threshold for part B ($20ish K), that may explain why you're no longer receiving part B.
30-10-2014 12:05 #7
Now I'm really confused. I have never received income as low as some of you have mentioned nor are we a single income family at the moment and I am not yet on ppl from the government, I am receiving ppl from my employer. We have never received both part A and B previously. We were previously receiving part B but since baby was born we no longer receive part B, we are now receiving part A. Our estimated income for this financial year is $100,000.
30-10-2014 12:09 #82 parent family
If you are a 2 parent family in which your primary earner has an annual adjusted taxable income of more than $150,000 you will not be eligible for FTB Part B. This is regardless of the lower income of the other parent.
If the primary earner’s income is at or below this limit, FTB Part B will be assessed on the basis of the second earner’s income. Secondary earners can earn up to $5,329 each year before it affects the rate of FTB Part B.
Payments are reduced by 20 cents for each dollar of income earned over $5,329.
If you are the secondary earner and your partner earns $150,000 or less, you can still get some FTB Part B if your income is below:
- $27,065 a year, if your youngest child is under 5 years of age, or
- $21,043 a year, if your youngest child is 5 - 18 years of age
We will automatically adjust your payments to avoid or reduce a projected FTB overpayment. This applies to you if you get your payment in fortnightly instalments.
30-10-2014 12:09 #9
You can definitely get either both or only 1. Works out well when 2nd income earner earns zero cause you get full amount. Go on the online rate estimate and see if figures are correct.
30-10-2014 13:55 #10
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