Family tax benefit

Income test

Maximum rate

Base rate

Income assessed

Family’s adjusted taxable income

Income threshold

$54,677

$98,988

Reduction rate

Max rate reduced by $0.20 per $1.00 above threshold until base rate is reached

Base rate reduced by $0.30 per $1.00 above threshold until FTB Part A is no longer payable

Threshold indexation

Indexed each 1 July in line with CPI

Paused until 30 June 2021 (not yet law at time of writing)

For each child

Maximum rate per annum

Base rate per annum

Under 13 years

$4,854.50

$1,558.55

13 – 15 years

$6,314.50

$1,558.55

16 – 19 years (if full time student)

$6,314.50

$1,558.55

Child in an approved care organisation 0 – 19 years

$1,558.55

N/A

Supplement

Amount per annum

FTB Part A supplement

$766.50 per child (where family’s income is $80,000 or less). 

Not payable to approved care organisations

Multiple birth allowance

$4,193.85 for triplets

$5,588.15 for quadruplets or more

Income test

Income assessed

Adjusted taxable income 

Phase-out threshold – secondary earner

$5,694

Cut-out threshold – secondary earner, youngest child under age 5

$28,197

Cut-out threshold – secondary earner, youngest child age 5 -18 years

$21,973

Cut-out threshold – primary earner/sole parent

$100,000

Reduction rate

Max rate reduced by $0.20 per $1.00 above secondary earner’s phase-out threshold

Threshold indexation

Secondary earner thresholds indexed each 1 July in line with CPI. Primary earner threshold fixed until 30 June 2021 (not yet law at the time of writing)

Age of youngest child

Under 5 years

Annual supplement

Under 5 years

$4,128.15

$372,30

5 – 15 years (or 16 – 18 if full time student)

$2,883.50

$372,30