Navigating the financial responsibilities of raising children can be challenging. In Australia, Centrelink offers the Family Tax Benefit (FTB) to assist families with these costs.
As of February 2025, it’s essential to understand the current payment rates, eligibility criteria, and application procedures to ensure your family receives the support it deserves.
Understanding the Family Tax Benefit (FTB)
The Family Tax Benefit is a two-part payment system designed to help families manage the expenses of raising children. Administered by Services Australia, it comprises:
- FTB Part A: A per-child payment based on family income and the child’s age.
- FTB Part B: Additional support for single-parent families and those with one primary income earner.
Payment Rates and Eligibility
Payment Rates (as of February 2025)
| Child’s Age | Maximum Fortnightly Payment per Child |
|---|---|
| 0–12 years | $222.04 |
| 13–15 years | $288.82 |
| 16–19 years (full-time secondary student) | $288.82 |
Eligibility Criteria
To qualify for FTB Part A:
- Age of Child: The child must be under 16 years or between 16 and 19 years and enrolled in full-time secondary education.
- Residency: Both the caregiver and the child must meet Australian residency requirements.
- Income Test: The family’s adjusted taxable income (ATI) influences the payment amount. Payments taper as income exceeds certain thresholds.
Payment Rates and Eligibility
| Family Situation | Maximum Annual Payment |
|---|---|
| Youngest child under 5 years | $4,923.85 |
| Youngest child 5–18 years (single parents or grandparent carers) | $3,434.65 |
Eligibility Criteria
To qualify for FTB Part B:
- Family Structure: Available to single parents, grandparent carers, or couples with one primary income earner.
- Age of Youngest Child: The youngest child must be under 16 years or a full-time secondary student up to 18 years.
- Income Test: For couples, the primary earner’s ATI must be $117,194 or less. The secondary earner can earn up to $6,789 before it affects the payment.
Application Process for Family Tax Benefits
To apply for FTB:
- Check Eligibility: Ensure you meet the residency, income, and child care requirements.
- Gather Necessary Documents: Prepare proof of identity, income details, and information about your children.
- Submit an Application: Apply online through your myGov account linked to Centrelink or visit a Services Australia service centre.
- Await Assessment: Processing typically takes up to 28 days. Payments commence from the approval date.
Important Considerations
- Immunization Requirements: Children must meet immunization schedules to qualify for FTB Part A.
- Income Reporting: Regularly update your income details to ensure accurate payment amounts and avoid overpayments.
- Payment Options: Choose between fortnightly payments or an annual lump sum after the financial year ends.
Staying informed about the latest Family Tax Benefit rates and eligibility criteria ensures Australian families can effectively manage the costs associated with raising children.
For comprehensive details and personalized assistance, visit the Services Australia website or contact Centrelink directly.
Frequently Asked Questions (FAQs)
Can families receive both FTB Part A and Part B?
Yes, eligible families can receive both payments if they meet the respective criteria.
How does shared care affect FTB payments?
If care is shared, payments are adjusted based on the percentage of care provided.
Are there supplements available with FTB?
Yes, annual supplements may be available, subject to eligibility and income assessments.