The amount of Family Tax Benefit Part B we’ll pay you depends on the age of your youngest child and your income.
How we work out your payment rate
If you share caring responsibilities for a child, we use your percentage of care to work out your rate.
Your payment rate may change if you’re a parent returning to work.
What is the maximum rate
The maximum rate for FTB Part B depends on the age of your youngest child.
The maximum rate per family each fortnight is:
- $155.54 when the youngest child is 0 to 5 years of age
- $108.64 when the youngest child is 5 to 18 years of age
You may get the maximum rate for the part of the financial year before you or your partner returned to work.
If you’re eligible for the maximum rate, we’ll pay you once we confirm your actual annual income. We’ll get these details after the end of the financial year when we:
- balance your payments, or
- finalise your FTB lump sum claim
You may get the maximum rate if the person returning to work is:
- the lower income earner in the couple, and
- starting or returning to work for the first time after your child’s birth or since they entered your care
You need to tell us you’ve returned to work. You need to do this within 12 months from the end of the financial year you returned to work. You can update these details using your Centrelink online account through myGov.
What is the FTB Part B supplement rate
If you get FTB Part B, you may also get the FTB Part B supplement. It’s a yearly payment.
If you’re eligible, you’ll get it automatically after we balance your payments. We do this after the end of the financial year.
For the 2017-18 financial year, it’s a payment of up to $357.70 per family. The amount we’ll pay you depends on:
- if you share care
- your family’s income, and
- the number of days you were eligible for FTB Part B