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Family Tax Benefits and Thresholds

For financial year: 2014-2015

Annual-income limit for payment of base rate of Family Tax Benefit Part A


Number of children aged 0-12 years

Number of children of 13-15 years or secondary students of 16-19 years

Nil

1

2

3

Nil

 

$73,146

$96,141

n/a

1

$66,084

$89,079

n/a

n/a

2

$82,016

n/a

n/a

n/a

3

$97,948

n/a

n/a

n/a

Note: Depending on your circumstances, the income limit may be different than stated.


These are the annual income limits at which Family Tax Benefit Part A including the supplement stops.


Number of children aged 0-12 years

Number of children of 13-15 years or secondary students of 16-19 years

Nil

1

2

3

Nil

 

$101,787

$118,552

$154,359

1

$101,787

$113,053

$147,296

$183,103

2

$113,053

$140,233

$176,040

$211,846

3

$133,171

$168,977

$204,784

$240,590

Please contact us or telephone Wendy Cole on 555 13 777 to make an appointment with someone from our taxation team.

Please follow this link for eligibility for Family Tax Benefit Part A

Please follow this link for eligibility for Family Tax Benefit Part B