Family Tax Benefit Part B
Family Tax Benefit Part B $150,000 limit:
Family Tax Benefit (FTB) Part B provides extra assistance to single parents and families with one main income. This includes circumstances where one parent chooses to stay at home or balance some paid work with caring for children.
From 1 July 2008, FTB Part B will be limited to families where the primary earner has an adjusted taxable income of $150,000 or less per annum.