Family Tax Benefit FY 2015

Family Tax Benefit payment rates will freeze for a 2 year
period from 1 July 2014.

Family Tax Benefit Part B – Primary earner income limit
will reduce from $150,000 to $100,000 from 1 July 2015.

Family Tax Benefit Part B will be paid until the youngest
child turns 6. A transitional arrangement is in place to
ensure families with a youngest child aged six and over on
30 June 2015 with remain eligible for FTB Part B for two
years.

Family Tax Benefit Part A – government will remove the
child add on for the higher income threshold from 1 July
2015.

Comments are closed.