We’ll start balancing family payments for 2019-20 from July
5 June 2020
Every year, we balance Family Tax Benefit (FTB) and Child Care Subsidy (CCS) to make sure we pay you the right amount.
To balance your payments, we compare how much FTB and CCS you got with how much you’re entitled to. This includes any supplements you can get and amounts we withheld during the year. We consider changes to your circumstances during the financial year as well, for example if your child’s care arrangements change
You don’t need to do anything yet
We can’t start balancing payments for 2019-20 until the financial year ends, so there’s nothing you need to do now.
From July most families will need to confirm their income. Not everyone will have to do the same thing. What you’ll need to do will depend on your circumstances.
We’ll start balancing FTB from July, and CCS from August.
You’ll be able to manage your balancing with us online. You won’t need to call or visit us.
Find out what you need to do to balance your family payments for 2019-20.
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Before we can balance your Family Tax Benefit (FTB) and Child Care Subsidy (CCS), you may need to confirm your income.
This will help make sure you get the right amount of Family Tax Benefit (FTB) and Child Care Subsidy (CCS).
Page last updated: 11 June 2020
This information was printed 4 July 2020 from https://www.servicesaustralia.gov.au/individuals/news/well-start-balancing-family-payments-2019-20-from-july. It may not include all of the relevant information on this topic. Please consider any relevant site notices at https://www.servicesaustralia.gov.au/individuals/site-notices when using this material.