Payment rates
The amount of Family Tax Benefit Part B you get usually depends on the age of your youngest child.
These payment rates are effective from 1 January 2012.
On this page
Maximum rate of Family Tax Benefit B
| Age of youngest child | Each fortnight | Each year |
|---|---|---|
| Maximum Rates of Payment - excluding supplement | 01-Jan-2012 | |
| Youngest child under 5 | $140.00 | |
| Youngest child 5–18 | $97.58 |
Note: Payment per year figures include the Family Tax Benefit Part B supplement ($354.05 per family for the 2011–12 financial year) but the fortnightly figures do not. The supplement can only be paid after the end of the financial year.
Note: *Each year figures include the Family Tax Benefit Part B supplement.
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Family Tax Benefit Part B supplement
You can get an extra Family Tax Benefit Part B supplement of up to $354.05 per family after the end of the financial year when your payments are balanced. This will happen after you and your partner have lodged your tax returns (If you and/or your partner are not required to lodge a tax return you must tell the Family Assistance Office).The amount of supplement payable may vary depending on family income or circumstances.
Income test
An income test is used to work out how much Family Tax Benefit Part B you can get.
Shared care
If you share the care of your child, there are special rules about how much Family Tax Benefit you can be paid. It is important to tell Centrelink if shared care arrangements change.
Payment adjustments and reviews
When you and your partner lodge your tax returns or advise that you and your partner are not required to lodge, your annual entitlement based on your actual income will be compared to your entitlement you received based on your estimate.
- If you overestimated your annual family income during the year, you may receive a top-up after the end of the year.
- If you underestimated your annual family income during the year and you have been paid too much, you will have to repay any Family Tax Benefit you should not have received.
More information
- A guide to Australian Government payments booklet
- Factors affecting payment rates and eligibility
- Family Assistance Office guide to payments factsheet
- Family Tax Benefit supplements
- Family Tax Benefit Part B section
On the Family Assistance Office website
- Family Assistance payment rates section
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