Family income of $42,560 or more (sliding scale plus base rate)

If your family income is $42,560 or more a year, but less than the amounts in Table 2, you will be on the sliding scale and the maximum rate per year (Table 1) will reduce by 20 cents for each dollar you earn above $42,559.

See example below.

Table 1: Maximum Rate of Family Tax Benefit Part A
For each child Per fortnight Per year
Under 13 years $151.34 $4,631.85
13-15 years $196.84 $5,818.10
16-17 years $48.30 $1,945.45
18-24 years $64.96 $2,379.80
In an approved care organisation 0-24 years $48.30 $1,259.25

Please Note: As the Family Tax Benefit Part A Supplement is paid after the end of the financial year, annual figures include the $686.20 per child supplement for 2008/09. The amount is not included in the fortnightly figures.

Please Note: Any child support you get may reduce the maximum rate.

Table 2: Income limit beyond which only base rate is paid
Number of Children 0-12 years Number of Children 13-15 years
No children One Two Three
No Children — $61,923 $81,286 $100,649
One $55,991 $75,355 $94,718 $114,081
Two $69,423 $88,787 $108,150 $127,513
Three $82,855 $102,219 $121,582 $140,945

Please Note: Income limit is higher if you are eligible for Rent Assistance.

If your family income is more than the amounts in Table 2, but less than $94,316 (plus $3,796 for each Family Tax Benefit child after the first) you may be able to get the base rate of Family Tax Benefit Part A (Table 3).

Table 3: Base rate of Family Tax Benefit Part A
For each child Per fortnight Per year Per year with supplement
Under 18 years $48.30 $1,259.25 $1,945.45
18-24 years $64.96 $1,693.60 $2,379.80

Please Note: As the Family Tax Benefit Part A Supplement is paid after the end of the financial year, annual figures include the $686.20 per child supplement for 2008/09. The amount is not included in the fortnightly figures.


Example

Kim and David have a family income of $45,000 and they have two children under 12. The maximum rate of $9,263.70 will be reduced by each dollar they earn above $42,559. The sum they would follow is:

Step 1 - Calculate income above $40,000
$45,000 - $42,559 = $2,441

Step 2 - Family Tax Benefit reduction from max rate
$2,441 x $0.20 = $488.20

Step 3 - Family Tax Benefit payable
$9,263.70 - $488.20 = $8,775.50

Kim and David will be paid $8,775.50 which is above base rate.


Please Note: If you get child support (maintenance), the amount of Family Tax Benefit above the base rate will be affected.

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