Non-cash maintenance income assessment for Family Tax Benefit (FTB) 277-51100000
This document outlines information for assessing the value of a non-cash benefit received as child support or spousal maintenance for Family Tax Benefit (FTB). It contains separate procedures on how to assess the value of some benefits.
Non-cash payment of child support or spousal maintenance
Step |
Action |
1 |
The customer, their partner or their FTB child receives a non-cash benefit as child support or as spousal maintenance + Read more ... For information about the definition of child support or spousal maintenance, see Is it child support/ maintenance income. Is the non-cash child support part of a child support agreement accepted by Child Support?
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2 |
Part of child support agreement + Read more ... Child support agreements with a start date of 1 July 2008 or later are no longer manually assessed or coded by Centrelink staff. For agreements with a start date before 1 July 2008 accepted by Child Support, any non-cash maintenance must be manually recorded on the Centrelink system for the period up to and including 30 June 2008. Child Support entitlement and disbursement details for that period will only include cash child support. For agreements in place before 1 July 2008 but not accepted by Child Support from 1 July 2008, non-cash maintenance is still assessed by Centrelink. If non-cash maintenance is recorded and the customer enters into a child support agreement, a manual review activity is created so that it can be determined whether the manually recorded non-cash maintenance should be zeroed. If non-cash maintenance details need to be recorded or updated in relation to an agreement: See Child support agreements in Maintenance Income Test (MIT) for Family Tax Benefit (FTB). Procedure ends here. |
3 |
Has the customer registered the child support liability for collection by Child Support? + Read more ...
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4 |
Private collection + Read more ... Centrelink deems private collect customers as receiving their full child support entitlement. Manual assessment and coding is only required if the customer advises they:
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5 |
Capitalised maintenance - value over $1500 + Read more ... Is it a one-off lump sum or transfer of an asset (perhaps as a property settlement)?
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6 |
Non-cash maintenance to be recorded/updated + Read more ... To assess the value of a non-cash benefit, see:
Record privately collected non-cash maintenance income as actual maintenance. See Recording private maintenance income. |