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  1. #1
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    Default Overestimated family income

    Hi all, I've tried ringing centrelink, but well over a 35 min wait and I just don't have time!

    We had our tax done yesterday and our family income is significantly lower than what I had estimated it would be. I did the online estimator and we are actually eligible for family tax benefit for last financial year based on what our actual income was. Does anyone know if I need to put in an application for FTB for last financial year in order to get paid it? Or will it be done automatically? I did an application and it told me we weren't eligible, based on what my estimate was at that point. Also, we are eligible for a much higher percentage of CCB, but I assume that will be sorted automatically, as we get ours paid direct to the centre, so that 15% that is held back is usually refunded anyway.

    Thanks!

  2. #2
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    Wait a couple of weeks as usually the ATO updates CL then you get the back pay.



    wifey of hubby who is always away. mother of two girls who are always amusing.

  3. #3
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    But do I need to do anything to get the FTB back paid?

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    No..once CL reconcile their records with the ATO's of your tax refund they'll pay the $ they owe you.

    I ovestimated as well and received the difference owed in bank a/c @ letter in the mail.

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    Can't help with the CCB side of things as my DD isn't going as yet but I'd assume so.

    Check with the CC centre as well about that if you can't get through to CL.

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    Are you registered on mygov?

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    I overestimate every year so we normally dont get paid anything. Once your tax is lodged c.link will reimburse anything owed to you

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    Thanks everyone yes I am @BigRedV

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    Default Overestimated family income

    Quote Originally Posted by Ruby_Tuesday15 View Post
    Thanks everyone yes I am @BigRedV
    Ok, if you have ato, Centrelink, etc on myGov then it should come through automatically once you've both done your tax returns
    Last edited by BigRedV; 31-07-2015 at 15:20.

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    Ok great, thanks! I'll wait with bated breath to see how much we will get!


 

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