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redundancy and ftb
2 replies to this topic
Posted 30 July 2008 - 09:45 AM
Can anyone tell me, if I will be hugely affected by having a redundancy payment with family tax a & B and also child care rebate.
Currently I am working full time and DH is on parenting payment with a broken foot so unable to work.
I'm not being greedy, but need to work out what exactly my daycare fees will change by to determine if getting another full time job will be worth it.
Posted 30 July 2008 - 11:10 AM
It depends on your income and how much the payout is.
Try using the online estimator on the FAO site. Put in different annual income amounts and write down the different FTB amounts and CCB percentages. Don't forget to include your DH's PP as part of the income estimate.
Posted 30 July 2008 - 11:39 AM
Thanks, I rang centerlink and they were as helpful as a wet newspaper
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