Family Tax Benefit (Part A & B): Who Qualifies and What You Get
Learn how this fortnightly payment helps parents with the costs of raising children and what you need to do to keep receiving it.
This scheme provides financial assistance to help families manage the costs associated with raising children.
Who it's for
This support is for parents who have dependent children. To qualify, your children must be under 16 years of age, or up to 19 years of age if they are studying full-time.
What you get
You receive payments every fortnight to help cover the expenses of raising your children.
What it costs you
There is no direct fee to apply, but the amount you receive depends on your income. You must undergo income testing and you are required to lodge a tax return every year to maintain your eligibility.
The catch to know
The most important thing to remember is that you must lodge your tax return on time every single year. If you fail to do this, your payments will stop.
How to apply
- Check that your children meet the age or study requirements.
- Gather your income information for the testing process.
- Submit your application through the official government portal.
- Ensure you lodge your tax return annually to keep your payments active.