Australia’s Family Tax Benefit (FTB) provides essential financial support to low- and middle-income families, with payments of up to $211 every two weeks.
Through FTB Part A and Part B, this program aims to help families with dependent children manage daily expenses. The benefit, which became available to eligible families in September 2024, is intended to offset some of the costs of raising children, providing much-needed relief to qualifying households.
This guide breaks down the payment structure, eligibility requirements, and application steps for Australia’s $211 Fortnightly Family Tax Benefit in 2024.
Categories of the Family Tax Benefit
The Family Tax Benefit is divided into two parts, each with specific eligibility criteria and payment amounts:
- FTB Part A: This part is available to families with dependent children under 18, or up to 22 if they are full-time students. The payment amount depends on the family’s income and the number of children.
- FTB Part B: Aimed at single-parent families or families where one parent has a significantly lower income. This part provides additional support for children under 13, or up to 13 if the child has a disability.
Eligibility for the $211 Fortnightly Family Tax Benefit
To qualify for the Family Tax Benefit in 2024, applicants must meet several criteria:
- Residency Requirements: The applicant and their dependent children must be Australian citizens or permanent residents.
- Income Limits:
- FTB Part A: The annual income limit is $151,014 for single parents and $163,578 for couples.
- FTB Part B: Income caps are set at $100,000 for couples and $75,000 for single parents.
- Child’s Age:
- FTB Part A: Children must be under 18 or full-time students under 22.
- FTB Part B: Children must be under 6, or under 13 if they have a disability.
- Guardianship: The primary caregiver must have legal guardianship or custody of the child, even if they are not the biological parent.
These requirements ensure that the Family Tax Benefit reaches families in the greatest need of financial support.
Payment Amounts for the Family Tax Benefit
The amount families receive under the Family Tax Benefit depends on their income and the number of dependent children. Here’s a breakdown of the current payment structure:
- FTB Part A: Each child’s base amount is up to $916.15 annually, which is split into fortnightly payments of $211, adjusted according to family income.
- FTB Part B: Designed for single-parent households or families where one parent’s income is significantly lower, this benefit provides up to $448.95 per family.
These payments help cover essential expenses for families raising young children and managing household costs.
How to Apply for the $211 Fortnightly Family Tax Benefit in 2024
Applying for the Family Tax Benefit is straightforward and can be done online through MyGov’s Services Australia portal. Here’s a step-by-step guide:
- Log In to MyGov: First, access your MyGov account and navigate to the Services Australia portal.
- Go to the Application Section: Select the Family Tax Benefit application under the benefits section.
- Complete the Application: Fill out the form carefully, ensuring all information and supporting documents (such as income details, ID, and proof of guardianship) are accurate.
- Submit the Application: After completing the application, submit it for processing. Services Australia will review your application and verify eligibility.
- Receive Payments: Once approved, payments are made every two weeks directly to your bank account.
Important Facts
Family Tax Benefit payments can vary based on specific family circumstances, such as changes in income, employment status, or household composition.
It’s recommended to check with official government resources to ensure your eligibility and stay updated on any changes to the program.
