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Homepage Private Community Forums Minimising Tax Family tax benefit. Reply To: Family tax benefit.

  • morag-janet-of-the-hill-family

    Member
    January 14, 2025 at 6:25 am

    I used to work and have a benefit. It was useful as a safety net and one time I had very little taxable income and so the benefit was intact another time I had more taxable income and the benefit was reduced to $30 per week. It was minimal payment however it was good to have that safety net in place for when I either stopped working or was forced to stop for whatever reason. I used to complete a tax return every year and one time I was audited but I had my business records in order and so it was no problem. (anything of a private nature and outside of the public domain they are not entitled to see and you are not obligated to declare, if you do decide to declare it you then give them jurisdiction)