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Small debt waivers 107-05120020



Examples of circumstance changes that may create a debt for FTB customers

Circumstance

Debt type

Child leaves care

Qualification debt

The customer is no longer qualified for Family Tax Benefit (FTB) for this child:

  • raise the debt immediately
  • waive debts under $50 on the Assessment Consequences (ASC) screen

Change in shared care

Qualification debt

The customer is no longer qualifies for the previously paid rate of FTB for this child:

  • raise the debt immediately
  • waive debts under $50 on the ASC screen

Customer is no longer renting

Qualification debt

The customer is no longer qualified for Rent Assistance:

  • raise the debt immediately
  • waive debts under $50 on the ASC screen

Customer's accommodation amount has decreased

Qualification debt

The customer is no longer qualified for the previously paid rate of Rent Assistance:

  • raise the debt immediately
  • waive debts under $50 on the ASC screen

Customer becomes partnered and provides a partner income estimate

Qualification debt

The customer is no longer qualified for the previously paid rate of FTB:

  • raise the debt immediately
  • waive debts under $50 on the ASC screen

FTB school-aged child is no longer studying

Qualification debt

The customer is not entitled to FTB for this child:

  • raise the debt immediately
  • waive debts under $50 on the ASC screen

Maintenance income has increased

Income debt

Debts resulting from maintenance income changes are automatically included in:

  • Mandatory Continuous Adjustment (MCA) calculations, and
  • reconciliation

Where a maintenance change is not automatically included in MCA, key 'INV' on the ASC screen.

Income changes for Customer or Partner

Income debt

Debts that result from a change of customer or partner income are included in:

  • MCA calculations, and
  • reconciliation

Where an MCA does not include an income change, key 'INV' on the ASC screen.

Accountable Authority Instructions (AAIs) and Instrument of Financial Delegation