The Centrelink issues $288 Per Fortnight Family Tax Benefit Nov 2024 to help support all eligible families taking care of children and raising them. The program is administered by the Government of Australia and comprises two parts – Family Tax Benefits 2024 Part A and Part B . Part A aims to provide financial assistance to the families depending on their income levels and the number of eligible children in a household. On the flip side, Part B aims to support single parent families having a primary earner and carer . The funds granted to the individuals help cover the cost of daily expenses of raising children such as educational needs, childcare and other essential living costs.
$288 Per Fortnight Family Tax Benefit Nov 2024
The $288 Per Fortnight Family Tax Benefit Nov 2024 is granted to all eligible individuals between 13-19 years of age to ensure the needs of the family are met. The eligibility of an individual is decided by factors like income of the family, age of dependents and their status. The individuals get to claim their amounts depending on their age and status through the Centrelink accounts. The claims are received and then approved or rejected by the official entities. The approved claims are granted fortnightly payments. These funds provide financial stability to the low income families and also support the health and welfare of the children.
servicesaustralia.gov Family Tax Benefit 2024 – Overview
| Post | $288 Per Fortnight Family Tax Benefit Nov 2024 |
| Proposed By | The Government of Australia |
| Country | Australia |
| Benefit Providing Agency | Centrelink |
| Main Purpose of the Payment | Financial Support |
| Eligibility | Low Income Families |
| Payment Date | Nov 2024 |
| Payout Frequency | Fortnightly |
| Payment Amount | $288 |
| Post Type | Finance |
| Official Website | servicesaustralia.gov |
Centrelink Family Tax Benefit Eligibility 2024
The Family Tax Benefit comprises of two parts:
- Criteria for Part A:
- Individuals taking care of dependents aged less than 15 years old
- Individuals looking after dependents aged between 16-19 years old
- The taxable income of the principal caregivers shall be between the limits of $65,189 and $115,997.
- Criteria for Part B:
- Only single parents who are the principal caregiver of the child are eligible to receive the benefit.
- Individuals taking care of dependents below13 years of age.
- Individuals can be parents or grandparents of the dependents.
- The taxable income of a the principal caregivers should not exceed $117,194
Apart from the above given eligibility requirements, the individuals also need to meet the following rules:
- The individuals need to be residents of Australia
- Individuals need to invest about 35% time from their routine to look after the children.
Centrelink Family Tax Benefit Payout Schedule 2024
The Family Tax Benefit can be retrieved by all eligible beneficiaries after every 14 days. The individuals are advised to claim the benefit amounts as per listed in order to avoid losing the benefit amount.
- The individuals need to claim the benefit amount about a period of 3 months prior to the birth or adoption of the child.
- The individuals need to claim the benefit about 52 weeks after the birth or adoption of the child.
Australia Family Tax Benefit Payment Amount 2024
The Australia Family Tax Benefit Payment Amount 2024 is dependent on the age of the child that the caregivers are looking after.
| Age of the Children | Payment Amount (Part A) 2024 |
| Below 19 years | $71.26 |
| Between 0-12 years | $222.04 |
| Between 13-19 years | $288.82 |
| Age of the Children | Payment Amount (Part B) 2024 |
| Below 4 years | $188.86 |
| Between 5-18 years | $131.74 |
How To Claim Centrelink Per Fortnight Family Tax Benefit 2024
The individuals can claim Centrelink Family Tax Benefit by following the step by step instructions as given below:
- The individuals need to visit servicesaustralia.gov
- The individuals need to Sign In to myGov account and check the criteria of eligibility.
- The eligible individuals need to link their myGov accounts to Centrelink accounts to claim the benefit.
- The individuals now need to provide relevant information such as bank details and other personal details such as age, income etc.
- The following step requires individuals to attach all supporting documents to claim the amounts.
- The final step involves the individuals to submit their complete applications to retrieve the Family Tax Benefit.
FAQs Related To $288 Per Fortnight Family Tax Benefit Nov 2024
The Family Tax Benefit Nov 2024 aims to provide financial assistance to the families raising children and supporting dependents.
The individuals belonging to low income families and looking after children between 13-19 years old are eligible to claim Family Tax Benefit Part A.
The Family Tax Benefit Part B can be retrieved by single individuals who are principal carers of the dependents.
The principal carer of the individuals need to spend 35% of their time with the dependents to qualify for the FTB.