What is Family Tax Benefit?

Family Tax Benefit is a payment to help with the costs of raising your dependent children. Family Tax Benefit has two parts - Part A and Part B.

Part A is designed to help with the cost of raising children and is payable to the child's parent/guardian or approved care organisation for a child aged under 21 or a dependent full time student aged 21 to 24 years.

Part B is designed to give extra help to families with one main income, including sole parent families with a dependent full time student up to the age of 18 years.

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