When we balance your Family Tax Benefit

We start balancing your Family Tax Benefit (FTB) for 2022-23 from July.

What information we need to balance your FTB

We can only balance your FTB after we’ve made your last payment for the financial year and we have all the information we need. This applies if you got FTB fortnightly or choose to get all of your FTB at the end of the financial year.

We will pay the last FTB payments for 2022-23 between 4 and 17 July 2023.

If you’ve lodged your tax return, the Australian Taxation Office (ATO) will tell us your income. We usually get this within 28 days of you getting your notice of assessment from them.

If you separated from a partner

If you separated from a partner during the financial year, we’ll balance your FTB after you confirm your income.

We’ll use the income estimate provided for your ex-partner, if they haven’t lodged a tax return yet.

We balance CCS and FTB separately.

We can’t use an income estimate to balance CCS payments if you’ve separated from your partner, see Balancing CCS for what to do.

If you were single and got an income support payment

If all the following apply to you, we’ll balance your FTB without you doing anything:

  • you were single for the financial year
  • you’ve received your last FTB payment for 2022-23
  • you got an income support payment for the financial year with no gaps in payment
  • your earnings didn’t reduce your income support payment to zero at any time in the year.

If this reflects your circumstances, you can find out when we’ll balance your FTB.

Page last updated: 1 July 2023.
QC 65041