Proposed 2014-2015 Budget

How it affects Separated Families

Family Tax benefit child add-on

Current System:

The amount able to be earned before Family Tax Benefit Part A is affected is increased by $3 796 for each child (excluding the first child).

Proposed Budget:

Removal of the child add-on system.

New Payment

Current System:

This specific payment does not exist.

Proposed Budget:

For those eligible for the maximum rate of Family Tax Benefit Part A, a new allowance of $750 will be introduced for each child aged between 6 and 12 years of age.

Large Family Supplement

Current System:

Subject to certain criteria, a payment is available for each child that is the third or later born child.

Proposed Budget:

Subject to certain criteria, a payment is available for each child that is the fourth or later born child.

End of Year Supplement

Current System:

Rises with inflation.

Proposed budget:

Frozen at $600 per annum for each child under Family Tax Benefit Part A and $300 for each family under Family Tax Benefit Part B.

Family Tax Benefit Part B

Current System:

Available for children aged 0-18.

Primary earner’s income can be up to $150 000.

Proposed budget:

Available for children aged 0-5.

Primary earner’s income can be up to $100 000.

Changed that affect those with low income

Current System:

No co-pay for doctor visits.

Fuel excise is frozen.

Proposed Budget:

$7 co-pay for doctor visits, which only applies to the first 10 visits for those under 16.

Fuel excise is indexed twice a year.

Separated families attempting reconciliation

Current system:

No financial assistance.

Proposed Budget:

Couples may be eligible for a $200 voucher to be used in counselling.