The Family Tax Benefit Part B Supplement is an increase in the annual rate of Family Tax Benefit Part B of $335.80 (for the 2008-09 financial year) per family to be paid as a lump sum after the end of the financial year.
The Supplement is an ongoing payment that will be indexed in July each year.
Who is eligible for the Family Tax Benefit Part B Supplement?
The Supplement is available to all Family Tax Benefit Part B eligible families regardless of whether they are entitled to a top-up, have been overpaid during the year or there is no adjustment. However, where families have been overpaid, the Supplement will be used to offset outstanding overpayments. The Supplement can also be used to offset any debts incurred with the Australian Taxation Office.
How does shared care affect the Family Tax Benefit Part B Supplement?
Families who share the care of a child will be eligible for a portion of the Supplement in line with their shared care percentage.
What if I only have care of a child for part of the year?
If you have care for a child for part of the year, you will receive a portion of the Supplement in line with the proportion of time the child was in your care. This may apply to a range of circumstances, including where a new baby is born during the year or when a child has a birthday part way through the year and ceases to be an eligible dependent.
Where do I go for more information?
Call the Family Assistance Office on 13 6150 between 8.00am and 8.00pm (local time) Monday to Friday.
Visit the nearest Family Assistance Office located in all Medicare offices, Centrelink Customer Service Centres and Australian Taxation Office shopfronts.
