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Estimate your income for the coming year

If I could predict the future centrelink I wouldn't need the family benefit tax, I'd be living large off my fucking lotto wins.

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Answers (5)

I do get what you mean. My husband works on commission plus salary so we never know how much he’ll earn. We way overestimate so we don’t get into trouble and have to pay money back but this year he had an awesome year and earned what we estimated. Nothing back for us tho.

When my husband worked a salary + commission job, I would look at his YTD earnings after December and adjust the estimate if I needed to from there. Christmas was the biggest earning period, so doubling his YTD earnings from that 6 month period usually did us right. Always overestimate by a few thousand if you can too.

Be grateful. Bloody hell.

 Dont be an idiot. It’s a fair topic to discuss. If you’re jealous because you don’t have an income to estimate then take your whinge elsewhere.
helpful (1) 
 I have an income. I just get annoyed when people think its ok to piss and moan about centrelink. Benefits are a privilege, not a right. Too many people think they're entitled to have their income supplemented by the tax payer. I'm sick of this attitude. If you can't support your kids without benefits you shouldn't bloody have them. Grow up and be grateful.
helpful (1) 
 We can support them its just extra gravy like everyone else. Do you get ftb?
helpful (0) 
 No
helpful (0) 
 Benefits are a right actually! We are lucky that we have this right, but it's still a right we have
helpful (3) 

It's not hard to estimate

 It can be when you’re paid commission. Earnings can vary greatly from year to year.
helpful (1) 
 If you are that worried about it, get it all at the end of financial year.
helpful (1) 
 It is if your hours fluctuate because you aren't in stable employment
helpful (2) 
 You can update it at any time during the year
helpful (1) 
 Then why are they sending me letters asking me to do it by August?
helpful (0) 
 Because you HAVE to do it by August to give them a baseline. You can then adjust your estimate at any time during the financial year. You can even change how you wish your FTB to be paid at any time - ie make the switch from receiving fortnightly payments to stopping those and only receiving a lump sum once your earnings are reconciled once your tax is done.
helpful (2) 

Point to this?

  some people have no respect, like the OP.
helpful (0)