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.
+ Reply to Thread
Results 1 to 10 of 35
05-06-2015 12:12 #1
05-06-2015 12:39 #2
If you've done an estimate for next year then you won't know until after 2015-2016 financial year.
05-06-2015 12:57 #3
What about for 2014/2015?
05-06-2015 16:25 #4
05-06-2015 16:31 #5
The Following User Says Thank You to Nafsika For This Useful Post:
05-06-2015 19:04 #6
05-06-2015 19:06 #7
05-06-2015 19:17 #8
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.
The Following User Says Thank You to ProudMumma34 For This Useful Post:
05-06-2015 19:18 #9
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?
05-06-2015 19:19 #10
If you have a debt they will contact you ny mail.
By jessieandbub in forum IntroductionsReplies: 1Last Post: 01-02-2015, 12:16
By emma26 in forum Family FinancesReplies: 6Last Post: 22-07-2014, 11:00
By monnie24 in forum General ChatReplies: 2Last Post: 09-06-2014, 00:06
Sudocrem / InfacolSudocrem® Healing Cream is a soothing emollient cream which aids and assists in the management of nappy rash, eczema, ...
LATESTWhy it is OK for your child to be differentWhat is a blessing way? How is it different to a baby shower?7 ways to break the ‘mumnotony’ at home
POPULARWhen can I start giving chores to my children?New baby nursery checklist – a guide to newborn essentialsWhat to pack for labour and hospital – a checklist
FORUMS - chatting now ...
A - Z of Baby Boy NamesGames & fun stuff
The Word Association Game #24Games & fun stuff
Bulk-Billing may end for after-hours home doctor services - petition!Can you help with these campaigns?
What do you think is the best resource for new Mums?General Parenting Tips, Advice & Chat
A - Z of baby girl namesGames & fun stuff
IVF babies due Sep/Oct/Nov 2017pregnancy and babies through IVF