Balancing for Family Tax Benefit is approaching

3 June 2021

There’s a few things you can do online now to get ready.

Woman sitting outside her home with tablet computer.

What is balancing

At the end of each financial year, we need to balance your Family Tax Benefit (FTB).

When the financial year ends on 30 June 2021, we compare how much FTB you got with how much you’re entitled to. This is what we call balancing.

What you can do now to get ready

You don’t need to call or visit us to balance your FTB payments from July 2021. There are a few things you can do online to get ready.

You should:

Next steps

Read more:

Page last updated: 23 August 2021