Family Tax Benefit (FTB) reconciliation and lump sum claim calculation screens 007-11070010
User guides
FTB financial year assessment screens
Examples -Child support screens
This table contains examples of the LRCM and LRMI screens and the information displayed.
Item |
Example |
1 |
FTB Maint Child Periods (LRMC) screen + Read more ... Child Billy was in Mary's care from 1 July 2020. Mary applied for a child support assessment for Billy on 31 July 2020. As Billy turned 18 on 1 November 2020, the relevant period is ended. Billy’s contribution to the customer's relevant period is 1 July 2020 to 22 November 2020. The FTB Maint Child Periods (LRMC) screen displays the following for Billy: 1 Jul 2020 Relevant Period CCC 31 Jul 2020 Relevant Period CAM 22 Nov 2020 No Relevant Period C18 |
2 |
FTB Maint Child Income (LRMI) screen + Read more ... For child Billy, the entitlement method is used from 1 July to 22 November 2020. Billy turns 18 on 22 November 2020 so Billy's contribution to the relevant period ends. For Billy, the FTB Maint Child Income (LRMI) screen displays: 1 Jul 2020 - 31 Aug 2020 62 Days Entitlement Method CSA Entitlement $9360.11 * 62/365 = $1589.93 Year to Date $1589.93 1 Sep 2020 - 1 Nov 2020 62 Days Entitlement Method CSA Entitlement $10562.41 * 62/365 = $1794.16 Year to Date $3384.09 2 Nov 2020 – 21 Nov 2020 20 Days Entitlement Method CSA Entitlement $10562.41 * 20/365 = $578.76 Year to Date $3962.85 22 Nov 2020 – 31 Dec 2020 No Relevant Period 1 Jan 2021 – 30 Jun 2021 No Relevant Period Child Total (non-annualised) = $3962.85 |