Those on FTB Part B with two children will get $200 extra each year, or an extra $100 a year with one child.
Those on FTB Part B with two children will get $200 extra each year, or an extra $100 a year with one child. © iStockphoto.com/Clint Scholz

Tax benefit increases for families

BENEFITS to some 1.5 million families who receive the Family Tax Benefit will be boosted from July 2013.

Around 1.1 million families on FTB Part A with two or more children will increase to the maximum rate of $600 a year, while those with one child will get $300 a year.

Those on FTB Part B with two children will get $200 extra each year, or an extra $100 a year with one child.



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