Australia’s Family Tax Benefit Part A & B

The Family Tax Benefit (FTB) is a vital financial assistance program designed to help Australian families with the costs of raising children. The FTB is split into two parts: Part A, which is based on the number of children in a family, and Part B, which targets single-income families or single parents. For 2024, understanding … Read more

In 2024, Australian families with children continue to benefit from the Family Tax Benefit (FTB) system, which offers crucial financial support. This assistance comes in two forms: Family Tax Benefit Part A and Part B. Knowing how to qualify, apply, and optimize these benefits is essential for families looking to reduce the cost of raising … Read more