Family
Assistance
|
|
per fortnight
|
other payments
|
Total per year
|
|
FTB Part A Payment (including below)
|
$393.54
|
$2,179.05
|
$12,440.20
|
|
Large Family Supplement
|
Eligible
|
|
|
|
Multiple Birth Allowance
|
Not Applicable
|
|
|
|
Rent Assistance
|
Not Applicable
|
|
|
|
FTB Part B Payment
|
$95.06
|
$354.05
|
$2,832.40
|
|
Child Care Benefit
|
$0.00
|
|
$0.00
|
|
Child Care Rebate
|
$0.00
|
|
$0.00
|
|
Maternity Immunisation Allowance
|
|
$0.00
|
$0.00
|
|
Baby Bonus
|
$0.00
|
|
$0.00
|
|
Family Assistance Total Payment
|
$488.60
|
$2,533.10
|
$15,272.60
|
Adjusted Taxable
Income
|
|
Herbert
|
Heidi
|
|
Taxable Income
|
$50,000
|
$0
|
|
+
Reportable Fringe Benefits
|
$0
|
$0
|
|
+
Reportable Superannuation Contributions
|
$0
|
$0
|
|
+
Tax free Government payments and benefits
|
$0
|
$0
|
|
+
Net rental property losses (added back)
|
$0
|
$0
|
|
+
Foreign Exempt Employment Income
|
$0
|
$0
|
|
-
Child Support (maintenance) paid
|
$0
|
$0
|
|
Adjusted Taxable Income
|
$50,000
|
$0
|
|
Combined Adjusted Taxable Income
|
$50,000
|
Family Tax Benefit Part
A
Eligibility
|
Dependent child under 21
|
Yes
|
|
|
|
Dependent student 21 to 24
|
No
|
|
|
Base
Rate
|
|
per fortnight
|
No. of children
|
per year
|
|
Dependent children under 18
|
$51.24
|
3
|
$4,007.70
|
|
Dependent children 18 to 24
|
$68.74
|
0
|
$0.00
|
|
Maximum FTB Part A Base Rate Payment
|
|
|
$4,007.70
|
Rent
Assistance
|
Rent Assistance
|
$0.00
|
|
$0.00
|
Maximum
Rate
|
Dependent children under 13
|
$160.30
|
1
|
$4,179.25
|
|
Dependent children 13 to 15
|
$208.46
|
1
|
$5,434.85
|
|
Dependent children 16 to 17
|
$51.24
|
1
|
$1,335.90
|
|
Dependent children 18 to 24
|
$68.74
|
0
|
$0.00
|
|
In
approved care organisation 0 to 24
|
$51.24
|
0
|
$0.00
|
|
Maximum FTB Part A Payment
|
|
|
$10,950.00
|
Income
Test
|
Family Income
|
$50,000.00
|
|
|
Family Income Threshold 1 (Maximum Rate)
|
$45,114.00
|
0.20 rate
reduction per $ over
|
|
Family Income Threshold 2 (Base Rate)
|
$79,824.00
|
|
|
Family Income Threshold (Reduced Base Rate)
|
$94,316.00
|
+ $3,796 times
extra 2 children.
|
|
Family Income Threshold 3 Reduced Base Rate
|
$101,908.00
|
$0.30 rate
reduction per $ over
|
|
Family Income Cut-off for any FTB Part A
|
$123,492.00
|
|
Maximum
FTB Part A (pa) $10,950.00 + Large Family Supplement (pa) $288.35 = FTB Part A (pa)
$11,238.35 - Reduction of $977.20 (family income of $50,000.00 is below the Threshold
2 value of $79,824.00) = Reduced FTB Part A (pa) $10,261.15.
Maintenance Income Test
|
Maintenance Income Total
|
$0.00
|
|
|
Maintenance Income Threshold
|
$3,650.00
|
|
|
Reduction if maintenance income over threshold
|
$0.50
|
per dollar over
threshold $0.00
|
Totals
|
|
|
|
per year
|
|
FTB Part A Payment
|
$393.54
|
per
fortnight
|
$10,261.15
|
|
FTB Part A Supplement
|
$726.35
|
per
child
|
$2,179.05
|
|
FTB Part A Total Payment
|
|
|
$12,440.20
|
Family Tax Benefit Part
B
|
Eligibility
|
|
|
Dependent child under 16
|
Yes
|
|
Dependent student 18/under
|
Yes
|
|
Maximum Rate
|
Rate per family per fortnight
|
Payment per year
|
|
Age of youngest child 12.2
|
$95.06
|
$2,478.35
|
|
Income Test
|
|
|
|
|
|
Higher Income Earner Cut-off
|
$150,000.00
|
|
reduction rate
|
reduction amount
|
|
Lower Income Earner Threshold
|
$4,745.00
|
|
0.20
|
$0.00
|
|
Totals
|
|
|
|
|
|
|
|
|
|
per year
|
|
FTB Part B Payment
|
$95.06
|
per fortnight
|
|
$2,478.35
|
|
FTB Part B Supplement
|
$354.05
|
per family
|
|
$354.05
|
|
FTB Part B Total Payment
|
|
|
|
$2,832.40
|
Baby
Bonus
|
Combined Adjusted Taxable Income Cut-off
|
$75,000
|
|
|
Number of babies
|
0
|
|
|
|
per fortnight
|
per year
|
|
Payment Rate per baby (13 instalments)
|
$407.23
|
$5,294
|
|
Baby Bonus Payment
|
$0
|
$0
|
Maternity Immunisation
Allowance
|
Number of immunised children between 18 and 24
months
|
0
|
|
Number of immunised children between 4 and 5
years
|
0
|
|
Maternity Immunisation Allowance Rate - Full
Amount
|
$251.00
|
|
Maternity Immunisation Allowance Payment
|
$0.00
|
Child Care
Benefit
|
Number of hours per week for all children
|
$0
|
|
|
|
Children
|
Total Hours year
|
Hourly Rate
|
per year
|
|
Non school children in child care
|
0
|
0
|
$0.00
|
$0.00
|
|
School children in child care
|
0
|
0
|
$0.00
|
$0.00
|
|
Family Income
|
$50,000
|
|
|
Family Income Threshold
|
$38,763
|
0% reduction if
family income > thres
|
|
Family Income Cut-off
|
$0
|
|
|
|
per fortnight
|
per year
|
|
Child Care Benefit Payments
|
$0
|
$0
|
No
children in care
Child Care Tax
Rebate
|
Total Expenses for Approved Care for all
children
|
$0.00
|
|
|
-
Child Care Benefit Payments
|
$0.00
|
|
|
=
Total out of pocket expenses
|
$0.00
|
|
|
Number of children in Approved Care
|
0
|
|
|
Maximum rebate per child
|
$7,500.00
|
|
|
|
per fortnight
|
per quarter
|
per year
|
|
Child Care Tax Rebate Payment (paid quarterly)
|
$0.00
|
$0.00
|
$0.00
|
Child Care
Benefit is zero so no Child Care Tax rebate.