Family Payment Reform - revise Family Tax Benefit end-of-year supplements

From 1 July 2015, the Family Tax Benefit Part A and Part B end of year supplements will be returned to $600 and $300 respectively, and remain at that level.

Important Update: This measure has not started. It is subject to the passage of legislation.

Description of the measure

From 1 July 2015, the end of year supplements for Family Tax Benefit will return to:

  • $600 for Part A, and
  • $300 for Part B

The revised supplement amounts will apply from the 2015-16 financial year onwards and will be used when we balance payments from July 2016.

This change applies automatically for new and existing customers who receive Family Tax Benefit Part A or Family Tax Benefit Part B. There are no changes to when or how payments are made.

Questions and answers

Who will be affected by this measure?

This measure will affect new and existing customers who receive Family Tax Benefit Part A or Family Tax Benefit Part B.

Am I eligible for this measure?

This change applies automatically to new and existing customers who receive Family Tax Benefit Part A or Family Tax Benefit Part B. There are no changes to when or how payments are made.

When will this measure start and finish?

The revised supplement amounts will apply from the 2015-16 financial year onwards and will be used when we balance payments from July 2016.

Page last updated: 5 February 2016

This information was printed Sunday 2 October 2016 from humanservices.gov.au/corporate/budget/budget-2014-15/budget-measures/families/family-payment-reform-revise-family-tax-benefit-end-year-supplements It may not include all of the relevant information on this topic. Please consider any relevant site notices at humanservices.gov.au/siteinformation when using this material.