We’ll start balancing your family assistance payments from July
28 May 2019
After the end of the financial year we balance Family Tax Benefit (FTB) and Child Care Subsidy (CCS) payments.
To balance your payments, we’ll compare your and your partner’s income estimate with your actual income. We’ll also compare how much FTB and CCS you got with how much you’re eligible for. When we do this, we’ll consider changes to your circumstances during the financial year as well.
If you didn’t get enough FTB or CCS, we’ll pay any outstanding amount when we balance your payments. We call this a top up.
If you got too much FTB or CCS, you may owe us money, which you’ll have to pay back.
Not everyone has to do the same thing for us to balance their payments. What you need to do depends on your circumstances. We’ll have more information available closer to July.
Read more about balancing your family payments.
Read more news for families.
Page last updated: 28 May 2019