Balancing payments

Posted on 22 June 2018

Time is also running out for families to lodge your 2016-17 financial year tax return or tell Human Services if you don’t need to lodge one.

Families have until 30 June 2018 to do this, so that payments can be balanced. If you have a partner, your partner also needs to have lodged a tax return or advised Human Services they don’t need to.

Balancing payments is where we estimate your income and is compared with your actual income at the end of each financial year to make sure you are paid the correct amount of family assistance.

If you haven’t done so already, you can confirm your income by lodging a tax return with the Australian Taxation Office or by telling Human Services you don’t need to lodge one.

This can be done by using your:

• Centrelink online account via myGov and selecting the Menu, then Family Assistance and Advise Non-Lodgement of Tax Return; or
• Express Plus Centrelink mobile app by selecting the Menu, then Advise Tax Non-Lodgement.