Budget 2005-06 > What's New What's Different > Assistance for Families
Family Assistance - Using Reconciliation Top-up Payments and Tax Refunds to Offset Outstanding Family Assistance Debts
What's New?
The Australian Government will use available Family Tax Benefit (FTB) top-ups and income tax refunds to offset existing family assistance overpayments.Under the current reconciliation process, tax refunds and reconciliation top-ups are not used to recover family assistance debt incurred in previous years. Under this measure any monies remaining from a recipients' tax return or FTB reconciliation top-up will be able to be used to offset family assistance debt related to previous years.
