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| Topic No. | Budget Initiative |
|---|---|
| 1.1.N.40 | Change Centrelink to FAO |
| 2.1.1.10 | FTB for child living away from home. |
| 3.1 | Add new topic 3.1.11 Advance payment of FTB Part A to list |
| 3.1.11 | New topic Advance payment of FTB Part A |
| 3.1.5.40 | Change custodial parent to resident parent |
| 3.1.5.90 | Change custodial parent to resident parent |
| 3.1.6 | Change custodial parent to resident parent |
| 3.2.7 | Change custodial parent to resident parent |
| 3.2.8.10 | Change Centrelink to Family Assistance Office |
| 3.2.8.20 | Change Centrelink to Family Assistance Office (where refers to FTB paid as a lump sum) |
| 7.1.2 | FTB advance debts |
| Topic No. | General Improvement |
|---|---|
| 1.1.A.15 | Included example for calculation. |
| 1.1.C.27 | Under CCB claim for approved care lump sum - Add 'if required to lodge' after '... lodged their Tax Return with the ATO and before 'for their entitlement to be calculated'. |
| 1.1.F.55 | Update references to include FA Guide 3.1.11 |
| 1.1.N.40 | Include information about FTB notification periods |
| 1.1.R.50 | Included example for calculation. |
| 2.1.1.30 | Verification of care arrangements - Add "Documentation to prove care arrangements is to be sighted for instalment claimants only." |
| 3.1.7.13 | Included information about assessment of capitalised maintenance when payer is deceased. |
| 3.1.10.10 | Add text in heading "is required to lodge and" after Partner and before "does not lodge a tax return" |
| 3.2.8.30 | Add in words "or after" before "that financial year, either in writing etc" |
| 4.1.1.10 | Providing a TFN - Says 'Their partner ....MUST provide their TFN statement on the approved form which must be given with the claim form - add "for instalment claims and past period claims" |
| 4.1.2 | Customer directing payment to a third party - Add "for instalment claims" |
| 4.2.2.20 |
change tax instalments to withholding replace TIDs with withholding 1st sentence - Add 'instalment' to a past period claim Replace EDF with Withholding declaration and 3rd para - delete tax instalment deduction - replace with reduced withholding minor changes to claimant or claimant's partner receiving income support |
| 4.2.4.80 | Replace TIDs with withholding |
| 4.3.1 |
Payment options table 3rd column - delete 'or' before ATO can pay FTB Add before 'reduced'; 'with the option of' and add after 'reduced' withholding Delete 'tax instalments' Under delivery by ATO - change the first dot point to read 'lump sum at the end of the tax year with or after the claimant lodges their tax return' and the second dot point to read ' With the option of reduced withholding during the income year in anticipation of the end of year lump sum FTB entitlement' |
| 4.3.6 |
Summary 2nd para - add ' for instalment claimaints'. Where payment made to a nominee add "instalment". 2nd para add Relevant form appointing a nominee add for direct payments. |
| 4.3.8 |
Choice of delivery options change to read - The claimant can choose to: - have a lump sum paid after their tax return has been assessed by the ATO - with the option to reduce the amounts withheld from payments made to them by a payer during the year in anticipation of their end of year FTB entitlement |
| 4.3.9.10 |
Clarifying which "Act" is being referred to in third dot point. rewrite of topic |
| 4.3.9.20 | rewrite of topic |
| 4.4.5.40 | Change claimant and customer to "instalment claimant and instalment customer" |
| 4.4.6 |
Amend the first para first line "claims" to singular "claim". Correct grammar in last paragraph |
| 4.4.8 | Change customers to instalment customers |
| 4.5.1 | Add 'by instalments' after 'The claim can be made with a claim for FTB' |
| 4.6.1 |
Approved care lump sum - add in words after lodging "their and their partner's tax return, if required to lodge" 2nd para - The FAO cannot conduct this reconciliation etc - add "and their partners" tax return. |
| 5.2.2 |
1st dot point Replace $7553.34 with correct threshold. Replace with "exceeds cut-out amount (1.1.C.80)" Add Policy Reference 1.1.C.80 Cut-out amount (FTB) |
| 5.3.2 |
2nd dot point add - "where a tax return is required to be lodged" Amend words in 2nd sentence from "application" to "tax return" |
| Topic No. | Corrections |
|---|---|
| 2.1.1.10 | FTB for member of a couple not qualified for independent YA |
| 2.1.2.10 | Update the visa category holders that are eligible for FTB |
| 3.2.5 | Table - Loss from real estate - should be 'rental property' |
| 4.2.3.10 | Add in Table - 2nd condition, Explanation " where a tax return is required to be lodged" |
| 4.2.4 | Replace TIDs with withholding |
| 4.2.4.90 | Replace TIDs with withholding |
| 5.2.1.10 |
In the first example, change last sentence to read: However, a customer claiming a reduction in withholding will need to complete a fresh Withholding declaration to account for their new FTB rate. Under General circumstances delete TIDs and replace with "reduction in withholding" |
| 5.2.1.20 |
Last para before Act reference - delete 'eligibility' and replace with 'rate' replace 'tax instalment deductions' with 'withholding' |
| 5.2.1.30 | Replace TIDs with withholding |
| 7.1.1 | 2nd sentence - amend words in brackets to read: 'of the customer and/or any consenting person' |
| 8.1.1.20 |
Choice of delivery method 2nd dot point - add at the end of the sentence 'with the option to reduce withholding.' Transition to FTB Part B 1st para - Add 'If there is shared care of a child the rate is based on the child who gives the highest rate, not necessarily the youngest'. |
| 8.1.1.40 |
FTA customers who have reduced their TIDs 1st dot point - replace 'employment declaration' with 'withholding declaration', 'employer' with 'payer' and 'their TIDs' with 'the amounts withheld from payments made to them'. FTA customers who change delivery method 2nd para - add 'If there is shared care of a child the rate is based on the child who gives the highest rate, not necessarily the youngest.' |
