+ Reply to Thread
Page 1 of 2 12 LastLast
Results 1 to 10 of 11
  1. #1
    Join Date
    Sep 2010
    Location
    Cairns, Australia
    Posts
    406
    Thanks
    53
    Thanked
    160
    Reviews
    4

    Default FTB part b

    Hi all just wanting some clarification.
    I requested that part b of FTB be paid at the end of the financial year as a lump sum. Do I need to do anything further to make this happen like submit tax returns etc to centre link? The website doesn't tell me much at all. Thanks ladies

  2. The Following User Says Thank You to bluemarlin For This Useful Post:

    FamilyLove  (27-06-2015)

  3. #2
    Mod-Nomsie's Avatar
    Mod-Nomsie is offline Administrator
    Winner 2009/10/11/12/13 - Most helpful Moderator
    Winner 2011 - Naughtiest/Cheekiest Mod
    Winner - Quickest 'Thanker' on the Hub
    Join Date
    Oct 2007
    Location
    Vic
    Posts
    23,910
    Thanks
    7,195
    Thanked
    7,294
    Reviews
    3
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 postsDiamond Star - 20,000 posts
    Awards:
    200 Posts in a week100 Posts in a weekBusiest Member of the Week - week ended 15/1/15
    Once you have submitted your tax returns to the ato centrelink automatically receives your income info and then uses that to calculate how much $$ you are owed.
    So, apart from doing your tax there is nothing else you have to do. I think I'm often wrong about these things but that is the way I always was paid FTB B when I was employed- as a lump sum after the EOFY.

  4. The Following 2 Users Say Thank You to Mod-Nomsie For This Useful Post:

    bluemarlin  (26-06-2015),FamilyLove  (27-06-2015)

  5. #3
    Join Date
    Jun 2015
    Posts
    77
    Thanks
    52
    Thanked
    19
    Reviews
    3
    Thank for posting this, I was wondering the same thing!

  6. #4
    Join Date
    Aug 2012
    Posts
    1,036
    Thanks
    99
    Thanked
    234
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    Thank you!!!! I have been wondering the same thing!!!

    I am guessing though, that I still need to wait until we receive my husbands group certificate so that I can advise how much he earned?

  7. #5
    Mod-Nomsie's Avatar
    Mod-Nomsie is offline Administrator
    Winner 2009/10/11/12/13 - Most helpful Moderator
    Winner 2011 - Naughtiest/Cheekiest Mod
    Winner - Quickest 'Thanker' on the Hub
    Join Date
    Oct 2007
    Location
    Vic
    Posts
    23,910
    Thanks
    7,195
    Thanked
    7,294
    Reviews
    3
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 postsDiamond Star - 20,000 posts
    Awards:
    200 Posts in a week100 Posts in a weekBusiest Member of the Week - week ended 15/1/15
    Quote Originally Posted by MissXamA View Post
    Thank you!!!! I have been wondering the same thing!!!

    I am guessing though, that I still need to wait until we receive my husbands group certificate so that I can advise how much he earned?
    Definitely

  8. The Following User Says Thank You to Mod-Nomsie For This Useful Post:

    MissXamA  (27-06-2015)

  9. #6
    Join Date
    Aug 2012
    Posts
    1,036
    Thanks
    99
    Thanked
    234
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    Ok another questions (sorry - never received centrelink allowances before other than PPL).
    Would I claim the FTB B as an income or allowance?
    And being that I do my 2014 - 2015 tax first, I would then claim this in the 2015 - 2016 tax year? Or no, don't need to advise?

    Does that make sense? I am really putting off calling centrelink or going in to ask these questions - so really appreciate this thread!

  10. #7
    Mod-Nomsie's Avatar
    Mod-Nomsie is offline Administrator
    Winner 2009/10/11/12/13 - Most helpful Moderator
    Winner 2011 - Naughtiest/Cheekiest Mod
    Winner - Quickest 'Thanker' on the Hub
    Join Date
    Oct 2007
    Location
    Vic
    Posts
    23,910
    Thanks
    7,195
    Thanked
    7,294
    Reviews
    3
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 postsRuby Star - 15,000 postsDiamond Star - 20,000 posts
    Awards:
    200 Posts in a week100 Posts in a weekBusiest Member of the Week - week ended 15/1/15
    Im pretty sure you don't have to claim them at all. Centrelink already know that you're getting them

    (At least- I've never claimed them and never had any trouble come from it!)

  11. #8
    Join Date
    Sep 2013
    Posts
    4,670
    Thanks
    9,471
    Thanked
    4,589
    Reviews
    1
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts

    Default FTB part b

    I know I need to complete a ftb lump sum claim form from centrelink to receive my ftb payment after the end of financial year? It's on their website.

    Eta: It's not counted towards income or allowance. I just fill out our income details from my and DHs group certificates from work.

    Additional: I also claim my ftb part a as well as a lump sum so I don't know if that makes a difference if you need to lodge a form or not....
    Last edited by Little Miss Sunshine; 28-06-2015 at 08:44.

  12. #9
    Join Date
    Aug 2012
    Posts
    1,036
    Thanks
    99
    Thanked
    234
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    Ladies..... Thank you so much!!! It all makes sense now
    Now I don't need to wait on the line for 90 mins or sit in the office with a hectic 2 year old for hours just to ask a few q's!!

    Thank you!!

  13. #10
    Join Date
    Apr 2013
    Posts
    2,183
    Thanks
    285
    Thanked
    580
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Nope definitely don't need to claim it as an income or an allowance cause it's neither. You get ftb as per your income estimate...not like an income support payment


 

Similar Threads

  1. B. Midwife at ACU, part time
    By babylove81 in forum General Chat
    Replies: 5
    Last Post: 05-03-2015, 13:59
  2. FTB part A and B
    By Blessedwith3boys in forum General Parenting Tips, Advice & Chat
    Replies: 9
    Last Post: 30-10-2014, 12:55
  3. FTB part B help!!
    By Organic mummy14 in forum General Chat
    Replies: 20
    Last Post: 07-09-2014, 10:13

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
FEATURED SUPPORTER
Swim AustraliaSwim Australia are the leading learn-to-swim experts, and national swim school authority. With over 600 Registered Swim ...
FORUMS - chatting now ...
REVIEWS
"Pigeon teats rule!"
by Alex
Pigeon PP Wide Neck reviews ›
"Wonderful natural Aussie made product!"
by Mrstwr
Baby U Goat Milk Moisturiser reviews ›
"Replaced good quality with cheap tight nappies"
by Kris
Coles Comfy Bots Nappies reviews ›