Jump to content

FTB A Im so confused
What to do???


  • Please log in to reply
11 replies to this topic

#1 nicethel

Posted 19 December 2012 - 01:54 PM

Hi
I have an option of taking on some more work next year so have been taking lots of things into account when working out what to do. (eg cost of additional childcare, etc)
I have been looking at our entitlement to FTB A which we are borderline. According to the Human Resources site we can earn up to $139,882 between us and still get something, but when I use the rates estimator even with what we earn now $131,800 it says that we are not eligable.
i know that I sound scabby! However I need to ensure that if I take on an extra day of work that we do actually come out in front. We can potentially pay for an extra day childcare, loose and FTB A, loose FTB A supplement, and loose the schoolkids bonus. Has anyone else been borderline, how do you ensure that you are either over by enough to cover yourself or just under.
Thanks
J

#2 CountryBumpkin

Posted 19 December 2012 - 01:56 PM

I think over 109500 you drop down ftb a, I know we lost rent assistance too. They're changing everyone and it's so confusing

#3 nicethel

Posted 19 December 2012 - 02:01 PM

Thanks, i might ring them but then do you really trust what they tell you??

#4 nicethel

Posted 19 December 2012 - 02:01 PM

Thanks, i might ring them but then do you really trust what they tell you??

#5 ekbaby

Posted 19 December 2012 - 02:01 PM

The different amounts are probably due to the supplements. At $131-139K you might still be eligible for the supplement (and possibly the schoolkids bonus?) but not eligible for the fortnightly payments.

#6 ekbaby

Posted 19 December 2012 - 02:01 PM

The different amounts are probably due to the supplements. At $131-139K you might still be eligible for the supplement (and possibly the schoolkids bonus?) but not eligible for the fortnightly payments.

#7 FeralAussieFembo

Posted 19 December 2012 - 04:21 PM

I did similar calculations last year but was under the impression we wouldn't be entitled to anything once our joint income surpassed $109k....

I'm no expert, but I think you only get ccb and CCR on that income?

#8 Shellby

Posted 19 December 2012 - 08:06 PM

I just looked at their site and got for 2 kids under 12 and under and 1 over 12 the max to get FTB A and supps is $133 244 - the $139 887 one is for 2 kids over 12 and 1 under - I was going off your signature for their current ages.

Now that is the maximum income limit - for people renting not owning their home. I played with the calculator and got this - when I put in own home you got nothing - put in renting for $300 a week and you get $87 a fortnight in FTB A.

People tend to not know that renting gives you a higher income limit - say for getting maximum FTB and for getting any FTB at the higher end. That is why people will say they lost their FTB when they brought a home - they didn't know there is a different income limit for payments between renting and owning as you will see the website doesn't really state that well.

So I guess if you take the extra day you will lose FTB, but it looks like you already should have on $131,800 - I would be checking that up so you don't get a bill at the end of the finical year just in case.

#9 rebekah-mum

Posted 20 December 2012 - 09:12 PM

To receive the supplement and school bonus you have to receive some FTA during the year or at tax time if you receive nil FTA you will not get supplement or school bonus

#10 SlightlyLeftFeral

Posted 21 December 2012 - 12:36 AM

FTB A is worked out so strangely. I am a single parent and get the base rate of FTB A $24? A fortnight and no rent assistance because my child support payments are $600 a fortnight.

#11 Julie3Girls

Posted 21 December 2012 - 10:18 AM

QUOTE
To receive the supplement and school bonus you have to receive some FTA during the year or at tax time if you receive nil FTA you will not get supplement or school bonus

There is actually a very small income range between where the fortnightly payments cut out, and the supplement cuts out completely. And if you qualify for any FTB-A (including the supplement) then you are entitled to the other bonuses such as the school kids one.

#12 nicethel

Posted 22 December 2012 - 11:07 AM

Thanks for all your replies.  According to the calculator I am not entitled to anything at the moment, but it said that last year and I ended up getting something back at the end of the financial year.  I always over estimate so that I dont end up with a debt so that is all fine.
I dont think that I will take on the extra work anyway as I already go over the CCR limits for the year so any extra day of childcare is going to cost me the full amount ($85) and even though for a day I will earn more than that, I think the time spent at home with my daughter is probably better for her.
Thanks again.
original.gif




2 user(s) are reading this topic

0 members, 2 guests, 0 anonymous users

 

Wondersuit heaven: Bonds & Disney launch exclusive collection

Bonds and Disney fans with babies to buy for will be celebrating this news. Bonds and Disney have just released collaboration Wondersuits.

Town welcomes first baby in 28 years

Since the 1980s, the Italian town of Ostana had not seen the birth of a single baby.

Great-great-grandma delivers great grandchild in her own home

''I've delivered calves, lambs, dogs and cats, but nothing like this.'' This 'Super Gran' calmly peeled the amniotic sac over her great-grandson's head before discovering the umbilical cord was wrapped around his neck ... twice.

How to start teaching your kids road safety

It's something that can be taught as early as possible and reinforced as they get older and more mobile - even from toddlerhood.

Just announced: Bugaboo Cameleon³ Classic+ Collection update

Meet the brand new understated chic model from Bugaboo.

The emotional moment a mum hears her late son's heartbeat

It's been two and a half years since Heather Clark's seven-month-old son Lukas passed away.

Nine reasons why you have 'brain fog'

One minute your productivity is skyrocketing and the next you're sitting there trying to focus – just like that you draw blank, your brain, mush.

I had a caesarean and it was beautiful

Guess what? Despite not pushing him out, I cried, and my heart skipped, and I felt the rush of love and pride when I saw him for the first time.

Microcephaly still a mysterious condition around the world

For parents, having a child with microcephaly can mean a life of uncertainty.

7 baby firsts you won't see on milestone charts

Here are a few 'other' baby firsts you may not have been expecting, but you'll want to be ready for.

Why it's important to vaccinate on time

My son was born on the 1 July 2014. It's a fabulous birthday, don't you think? Not only does the first of July ring in a new financial year, but it also means we've hit the year's half way mark.

Naturopath treatment allegedly left baby "days from death"

A naturopath whose treatment of a baby boy allegedly led to the infant being severely ill has pleaded not guilty to charges against her. 

Andy Murray's emotional speech to pregnant wife after Australian Open

A teary-eyed Andy Murray promised pregnant wife Kim he'd be on the next plane home after his turbulent two weeks at the Australian Open came to an end.

This toddler and his duck BFF will melt your heart

A small boy in the US has struck up a quacking good friendship with an unlikely companion ... his pet duck. 

Great news for coffee drinkers - caffeine is good for your heart

Researchers have found that, contrary to prior belief, caffeine does not cause health-threatening heart palpitations.

I always wanted children - but I've found other ways to be maternal

I've always been one of the most maternal women I know.

When only one parent wants to know the gender

For some couples you either both want to know the gender of your unborn baby, or you don't. For others, it's not that simple.

'No jab no play' could hurt disadvantaged children, experts fear

Tough new "no jab no play" laws could hurt children who have not been immunised due to family dysfunction, poverty, or poor access to medical support, experts warn.

Zika virus: Airlines offer refunds to pregnant women

Airlines and cruise companies across the world are offering refunds or travel credits to pregnant women who are scheduled to visit countries struck by the devastating Zika virus.

#meditateonthis: Mums fight back against PND ignorance

Not all women will require medication, but many will. And there isn't and shouldn't be any shame in that.

 
Advertisement
 
Advertisement
 
 
 

What's hot on EB

Penny Wong

'The most hurtful argument in the marriage equality debate'

Labor frontbencher Penny Wong is used to to hearing arguments against same-sex marriage. But for Australia's most prominent gay politician, one hurts more than others.

Does exercise have to be fun to work?

Some things in life are inherently served with a big scoop of fun: balloons, bubbles, cupcakes to name but a few, but exercise?

Hair dye gives woman second-degree burns

She wanted a fresh colour for 2016, but instead she got chemical burns.

Kelly Slater saves mum and toddler from 'freak wave'

A Perth family has thanked US surfing "legend" Kelly Slater after the star saved a mother and a young toddler from "a freak wave" in Hawaii.

Apple recalls millions of power adapters

Tech giant instigates massive international recall of power point adapters due to risk of electric shock.

Toddler's adorable alphabet goes viral

It's impossible not to share this little boy's excitement  about the alphabet.

Tot's nighttime waking saves family's life

Like all tired parents, Monique and Kyle Ruppel were looking forward to the day their 15-month-old daughter Celia would start sleeping through the night. 

Australian mum gives birth to quintuplets

An Australian mum who has shared the ups and downs of carrying quintuplets has welcomed her five babies into the world.

Dad of four girls faints at gender reveal for fifth baby

It was all too much excitement for this dad.

The simple way you can help your baby's language development

The way parents respond to their child's babbling can shape how their infants communicate.

Zika virus is 'spreading explosively': WHO

The World Health Organization announced that it will convene an emergency meeting about Zika.

National database recommended for child protection cases

Baby Ebony was repeatedly failed by the agencies tasked with her protection before her horrific death at the hands of her father, South Australia's deputy coroner says.

Hospitals put babies at risk by ignoring policy on elective caesareans

Thirty-eight weeks or 39? Non-medical factors are pushing women to have elective caesareans earlier than official guidelines - and hospitals are playing along.

Police help deliver baby on busy roadside

Two police officers delivered more than a traffic fine by the side of a busy Melbourne road yesterday.

1D's Louis Tomlinson shares first photo of baby

One Direction's Louis Tomlinson has posted the first picture of his baby boy, Freddie, on social media.

 

FREE TICKET

Free first aid demonstrations daily

Get your free ticket to the Essential Baby & Toddler Show and save $20 - register online now!

 
Advertisement
 
 
Essential Baby and Essential Kids is the place to find parenting information and parenting support relating to conception, pregnancy, birth, babies, toddlers, kids, maternity, family budgeting, family travel, nutrition and wellbeing, family entertainment, kids entertainment, tips for the family home, child-friendly recipes and parenting. Try our pregnancy due date calculator to determine your due date, or our ovulation calculator to predict ovulation and your fertile period. Our pregnancy week by week guide shows your baby's stages of development. Access our very active mum's discussion groups in the Essential Baby forums or the Essential Kids forums to talk to mums about conception, pregnancy, birth, babies, toddlers, kids and parenting lifestyle. Essential Baby also offers a baby names database of more than 22,000 baby names, popular baby names, boys' names, girls' names and baby names advice in our baby names forum. Essential Kids features a range of free printable worksheets for kids from preschool years through to primary school years. For the latest baby clothes, maternity clothes, maternity accessories, toddler products, kids toys and kids clothing, breastfeeding and other parenting resources, check out Essential Baby and Essential Kids.