The Family Tax Benefit of Australia is a program in order to provide financial support to the families having a dependent child so as to get an ease to raise them. The FTB is made up of 2 different parts which are Part A and Part B and Part A is the survival benefits which the child gets only after checking the family requirements. The Part B benefit is given as an extra help to the single parents or where they have just one source of income. The amount which the beneficiary will get may be either fortnight or in lump sum. The Australia FTB Eligibility & Amount 2024 could tell who can get the money and how much can be provided to them. The beneficiaries are required to have a look at this article to have an idea on the details on the Australia Family Tax Benefit 2024.
Australia FTB Eligibility & Amount 2024
The Services Australia will be providing the financial benefits to the eligible citizens who are having children dependent on their parents. To make the lives easy for the parents regarding the finances, the Australian Services will be providing financial support to the families so that they can easily raise their children. Often parents have been struggling regarding the fact of raising their children due to lack of resources and finances and the educational and other needs of children can’t be met. The Family Tax Benefit is a program of the Government to provide the finances to either both the parents or either single parent to raise their children. The FTB has 2 different parts or the supplements which are Part A and Part B. The parents will be given the benefit on the behalf of their children and some conditions are to be met to get the benefits. The dependent child aged less than 19 years will be given the benefits provided they have not got any Youth Allowance.
To get the benefits, it is your responsibility to take care of the child for at least 35% of the total time. If you are able to meet the family situations, you can get the FTB Part A benefits and if you are a single parent and not having much income, you will be eligible to get the FTB Part B. The claim for the Family Tax Benefits has to be lodged by 30 June 2024 and the benefit is expected to be provided on the same date. The Australia FTB Payment Amount 2024 which the eligible ones will get is different for both the Part A and B Supplement. You are advised to check the article given below to get the updates on the Family Tax Benefits for the citizens of Australia.
servicesaustralia.gov.au Family Tax Benefit 2024- Overview
The FTB is a payment given in order to raise the children. The Program has been initiated by the Services Australia and the age of the child will provide the basis to decide the amount of the benefit. The one meeting the income requirements will get the FTB in their account.
| Post Title | Australia FTB Eligibility & Amount 2024 |
| Agency | Services Australia |
| Country | Australia |
| Benefit Known As | Family Tax Benefit |
| Eligibility | Child aged 16 to 19 years and is under the care of parent |
| Supplements | Part A and B |
| Australia FTB Payment Amount 2024 | As per the Supplement |
| Australia FTB Payment Date 2024 | 30 June 2024 |
| Post Type | Finance |
| Website | servicesaustralia.gov.au |
Who Will Get Australia FTB Payment 2024
- The payment for the FTB supplement will be given only if you meet the below given conditions.
- You have been permanently reading in Australia and have been taking care of the child.
- The child is dependent upon the parent and is studying in secondary education.
- The child shall be of age not more than 19 years and has not been provided with any Youth Allowance.
- The parent has been looking for the child for at least 35% of the time.
- To know more eligibility, check the table below to know the different supplements.
| FTB Part A | FTB Part B |
| This part is given to the children as per the Family Requirements and your income shall not exceed $80000 | The child will be given the benefit if the parent is a single parent or couples with only one main income |
| The child shall be less than 15 years or shall be 16 to 19 years if is a Secondary Student | The child shall be less than 13 years of age.The benefit will be given if the child belongs to a single parent and is dependent and of age 18 years or less |
| The child shall be a full time education student and is not having much of the burden of studies | The child shall be a full time secondary education student and is having very less work load. |
Australia FTB Amount 2024
- Australia FTB Payment Amount 2024 Supplement A:
- The child will get $213.36 if they are of age 0 to 12 years.
- If the child is of age 16 to 19 years, the amount will be $277.48 only if the educational requirements are met.
- The child of age 13 to 15 years will get the amount of $277.48
- The child under the care organization will get the amount of $68.46
- Amounts For FTB Part B Supplement:
- The Child of Age 0 to 4 years will get the benefit of $181.44
- The youngest child of the family will get $126.56 as the benefit.
Australia FTB Payment Date 2024
The payment of the Australia Family Tax Benefit will be provided only if you have lodged a claim. The claim for the benefit has to be lodged till 30 June 2024. If any special circumstance prevents you from lodging the complaint, you can contact on 136150 to find the right decision.
Links To Check Australia FTB Amount 2024
| Australia FTB Date 2024 | Family Tax Benefit |
FAQS On Australia FTB Eligibility & Amount 2024
The payment of the Family Tax benefit will be provided only if you have a dependent child of age less than 19 years.
The Australia FTB Payment Date 2024 is 30 June 2024 as the claim has to be lodged till that date.
The FTB Part A supplement provides the income to those who are dependent upon their parents and based on the family circumstances.
The amount which the citizens will get under the FTB can be checked through the post above.