Your family income estimate for family assistance payments

We use your family income estimate to work out how much family assistance to pay you. This includes Family Tax Benefit (FTB) and Child Care Subsidy (CCS).

It’s time to give us your 2021-22 family income estimate. Make sure you select 2021-22 before you start the update. Use your Centrelink online account through myGov, or the Express Plus Centrelink mobile app.

Why we need a family income estimate

We use your family income estimate to work out how much Family Tax Benefit and Child Care Subsidy you get during a financial year. So your family income estimate needs to be accurate and up to date.

We’ll ask you to update your family income estimate before the start of each financial year. You can also update your estimate any time during the financial year if your circumstances change.

After the end of each financial year, your family income needs to be confirmed. To do this, you and your partner need to lodge a tax return or you need to tell us if a tax return doesn’t need to be lodged.

To get your full entitlement, you must confirm your family income by 30 June of the following financial year. Read more about confirming your income.

Once you’ve confirmed your family income, we’ll:

This is to make sure we paid you the right amount of family assistance.

If you don’t give us a family income estimate

We’ll estimate it for you to reduce the risk of us overpaying you. We may update your family income estimate based on information from the previous financial year. We’ll use either:

  • your or your partner’s actual income information from the Australian Taxation Office
  • the latest family income estimate you’ve given us.

We may also adjust your estimate based on changes to the Australian Average Weekly Earnings. Read more about Australian Average Weekly Earnings on the Australian Bureau of Statistics website.

What to know before you estimate your income

If the income estimate you give us is too low, you may get a debt. You'll have to pay this back.

If it's too high, we may pay you less than you’re entitled to. If this is the case, you may get the amount you missed out on when we balance your payments.

If you get FTB, you can pick a payment choice that suits you. This can help reduce your risk of getting a debt. Read more about payment choices for FTB.

You must update your family income estimate when your circumstances change. This is to reduce the risk of getting a debt. Read about what change of circumstances you need to tell us about if you get CCS or FTB.

What to include in your family income estimate

You need to tell us about your and your partner’s adjusted taxable income for the whole financial year.

This should include both:

  • income you've already earned during the financial year
  • income you’re likely to earn for the remainder of the year.

Remember, if you're paid weekly or fortnightly, the number of pay days in a financial year can vary.

When you update your family income estimate, think about the things you may need to include, such as:

You also need to think about whether you’ll get any of the following during the financial year:

  • extra pay for working overtime or extra hours
  • income from casual work, shift work or contract work
  • pay rises or work bonuses
  • redundancy payouts
  • income from business or self-employment
  • reportable fringe benefits, ask your employer first, because how we assess these depends on the type of employer you have
  • early released superannuation, except for the First Home Super Saver Scheme or COVID-19 early release of super.

Read more about the First Home Super Saver Scheme and COVID-19 early release of super on the ATO website.

If you changed jobs, or started or returned to work, you need to keep this in mind too.

Any child support or spousal maintenance you receive may affect your payment rate.

What not to include in your family income estimate

You don't need to include FTB or CCS.

You also don’t need to include any of the following that you or your partner get:

How to update your income estimate

The easiest way to update your income estimate is online. Use your Centrelink online account through myGov, or the Express Plus Centrelink mobile app. Make sure you've downloaded the latest version of the app first.

For help, use our guide to update your family income estimate and payment choice.

When you need to report income for other payments

If you get an income support payment from us

You need to report your income separately if you get an income support payment from us.

This is different to updating your income estimate for family assistance.

If you pay or receive child support

We need to know your income for the financial year. We need it so we can work out the amount of child support you need to pay or receive.

We won’t use your family income estimate for this. To make sure we base your child support on the right income, always lodge your tax return on time.

Read more about how your income affects child support.

Page last updated: 6 May 2021