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  1. Asset types
  2. Gifting

How gifting can affect your payment

If you or your partner gift money, income or assets, we may assess it in your income and assets tests.

Sole trader or partnership income

Business income is counted in the income test.

What to report when you report income to Centrelink

We need to know the gross employment income you and your partner get so we can pay you the right amount.

  1. Family Tax Benefit
  2. Who can get it

Family Tax Benefit Part A eligibility

We pay Family Tax Benefit (FTB) Part A per child. The amount we pay you depends on your family’s circumstances.

  1. Family Tax Benefit
  2. How much you can get

Income test for Family Tax Benefit Part A

The amount of Family Tax Benefit (FTB) Part A you get depends on your family’s income.

  1. Family Tax Benefit
  2. What can affect your payment

Family Tax Benefit when your child is 16 to 19 and stops full time study or school

If your child turns 16 and stops studying full time or going to school after they turn 16, your Family Tax Benefit (FTB) may change.

Asset hardship provisions

We may stop, reject or reduce your payment because of the assets test. If this is the case, you may be able to apply under the asset hardship provisions.

  1. Centrepay
  2. How to manage it

Changes to your Centrelink payments can affect your Centrepay deductions

If your Centrelink payment changes it may affect your Centrepay deductions.

  1. Report your income
  2. Employment income reporting

When we pre-fill your information

There are some things you need to know about income, Single Touch Payroll (STP) and other details we pre-fill for you.

  1. Asset types
  2. Gifting

What gifts we include in income and assets tests

We may include your gift if you give away, sell or transfer it for less than its market value.

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Page last updated: 17 November 2025.
QC 60170