If your family situation or income changes during the year, we follow these steps to reduce the risk of an overpayment.
This information applies to you if you get weekly or fortnightly payments. You do not need to read this page if you get your Working for Families in a lump sum payment at the end of the tax year.
Changes during the year
If your family situation or income changes during the year, we’ll follow the steps shown in the table. We call this making an 'accumulative adjustment'.
| What we’ll do | Calculations |
|---|---|
| We work out your new entitlement for the full year | Total A |
| We work out how much money you’ve already received | Total B |
| We work out your entitlement for the rest of the year | Total A – Total B = Total C |
| We work out how many weeks or fortnights are left in the year | Total D |
| We work out your weekly or fortnightly payments for the rest of the year | Total C divided by Total D = Total E |
By following these steps, we’re trying to reduce the risk of an overpayment at the end of the tax year (that you’ll need to repay to us).
Tell us if your family situation or income changes
Tell us about any changes straightaway so we can update your Working for Families payments and help you receive the right payments during the year.
Tori and Scott get Working for Families for their daughter Kayla, aged 11. At the start of the year, Tori estimates their family income to be $38,521.60.
After taking into account the family situation and income, we work out a Working for Families entitlement for the year of $13,624.
Tori gets her Working for Families paid weekly, so her payments are $262 a week ($13,624 divided by 52).
Tori re-estimates
On 28 October, Scott receives a pay rise, so Tori re-estimates their family income to be $50,000 for the year.
She tells us straightaway about the change in income.
Our calculation
We work out a new Working for Families entitlement for the year of $9,256 (Total A).
From 1 April – 27 October, the family received 31 payments of $262, totalling $8,122 (Total B).
New entitlement
That means Tori’s entitlement for the rest of the year is her new entitlement ($9,256) less what she’s received so far ($8,122) which is $1,134 (Total C).
There are 21 weeks left in the year (Total D) so we take her entitlement for the rest of the year ($1,134) and divide it by 21 to give her new weekly payments of $54 (Total E).
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