Family Tax Benefit Part A & B: Families in Australia can claim the Australia Tax benefit payment 2024 of part A and part B in their bank account on the scheduled dates. The Family Tax Benefit Part A & B payment will be released by the authority to all the individuals who have the certain eligibility to claim the 100% benefit and submitted the application form carefully. So if you are also one of the family in Australia then can also claim the FTB Part A and part B payment 2024 by following the step by step procedure in this article where we will also share with you the latest eligibility to claim the payment for each part, expected payment rates, Date of releasing the Family Tax Benefit Part A & B payment etc.
The Family Tax Benefit (FTB) in Australia is a government payment designed to help families with the costs of raising children. It’s like a financial boost to support families in covering expenses like food, clothing, and education. The FTB is made up of two parts: Part A, which is paid per child, and Part B, which is paid per family. To be eligible for the FTB, families need to meet certain income and residency requirements, and their children must be under a certain age or enrolled in full-time secondary education.
Eligibility conditions
- To be eligible for the Australian Family Tax Benefit program, you must meet certain criteria. For Family Tax Benefit Part A, you may be eligible if you care for a dependent child who is either 0 to 15 years of age or 16 to 19 years of age and in full-time secondary education.
- For Family Tax Benefit Part B, you may be eligible if you are a single parent or a couple with one main income, and you care for a dependent child who is either 0 to 15 years of age or 16 to 18 years of age and in full-time secondary education. Additionally, you must meet certain income and residence requirements.
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Application to claim the payment
You can claim the payment for Part A and B according to your family condition. However you need to follow the following Step by step procedure to submit the application form accordingly:
- As the payment is going to release by the central link Australia so you need to go to the official website of Central link.
- After that you will find the how to claim the payment section in this page and will find the application form link accordingly
- Now login on the dashboard and check your Tax Information available on the website according to your condition
- Provide your family details in this application form and upload all the important documents to support the eligibility criteria which will help to verify all the details and will get the payment accordingly
Once you complete the application you need to wait for the approval and will get notification on your registered mobile number and email id by the authority of approving or not approving the application.
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The payment of FTB
The maximum rate for Family Tax Benefit (FTB) Part A varies depending on the age of the child. For children aged 0 to 12 years, the maximum rate is $222.04 per fortnight. For children aged 13 to 15 years, the maximum rate is $288.82 per fortnight. Additionally, for children aged 16 to 19 years who meet the study requirements, the maximum rate is also $288.82 per fortnight. Lastly, for children aged 0 to 19 years who are in an approved care organisation, the maximum rate is $71.26 per fortnight.
| Age of Child | Maximum Rate per Fortnight |
| 0 to 12 years | $222.04 |
| 13 to 15 years | $288.82 |
| 16 to 19 years (study requirements) | $288.82 |
| 0 to 19 years (approved care organisation) | $71.26 |
The maximum rate for Family Tax Benefit (FTB) Part B also varies depending on the age of the youngest child in the family. Specifically, the maximum rate per family each fortnight is $188.86 when the youngest child is between 0 to 4 years of age, and $131.74 when the youngest child is between 5 to 18 years of age.
| Age of Youngest Child | Maximum Rate per Fortnight |
| 0 to 4 years | $188.86 |
| 5 to 18 years | $131.74 |
The Family Tax Benefit (FTB) payment is typically released on a fortnightly basis. However, the exact payment dates may vary depending on the individual’s or family’s circumstances.
Fact Check
Most deposits for government programs will vary based on individual circumstances, including income, work history, and eligibility. To avoid becoming a victim of misinformation, always verify claims through official government websites or consult a financial advisor. The article is based on news and data. It is advised not to use this article as professional advice for use. For accurate information, refer to the official website
