Balancing your family payments is an important part of tax time—and knowing what to do can help you avoid delays and unexpected surprises. In this episode of the Services Australia podcast, we explain how balancing works for Family Tax Benefit and Child Care Subsidy, and what you need to do to make sure you’re paid the right amount.

Hear practical advice on:

• What balancing is and why it matters

• How to confirm your income and when to lodge your tax return

• What to do if you don’t need to lodge a tax return

• The three possible balancing outcomes and what they mean

• Simple ways to reduce the risk of a debt next year

Plus, we share practical tips to help keep your family payments up to date throughout the year, explain how Child Care Subsidy withholding works, and show you where to track your balancing progress online.

More information at:

www.servicesaustralia.gov.au/balancing

www.my.gov.au

www.ato.gov.au