Taking your kids to Australia – What every parent should know

Taking your kids to Australia

Being a migrant and a parent.
As a newcomer to Australia, you have made a big decision moving your kids to a new country.  As new migrant you can access a variety of government allowances and benefits to help you financially.

Paid Parental Leave
Firstly, you should know about Paid Parental Leave.  This allowance is paid at the National Minimum Wage rate. Currently $570 per week before tax for a maximum period of 18 weeks. The rate of tax depends on your individual circumstances.  It is payable to you if you have just had a baby or even adopted a little one.

The Baby Bonus
Secondly, if you plan on having kids in Australia then you should know about the Baby Bonus.  You will receive a payment of $5,294 upon the delivery or adoption of a baby. It is paid in fortnightly installments.  You can’t receive the Baby Bonus and Paid Parental Leave for the same child.  So you need to work out which is the better option for you financially .

Tax benefits

Family Tax Benefit A
Thirdly, its good to know about this family tax benefit.  The benefit is paid at the end of the financial tax year.  You will receive this benefit if you have at least one dependent child under 21 and your family income is under $100,000.  This amount increases with how many children you have.  The amount received is calculated by the government.

Family Tax Benefit B
Fourthly, you will receive this particular benefit if you are a single income families.  Your main income must be less than $ 150,000 per year  This is also calculated by the Government when you lodge your tax return.

Child Care Benefits
Then there are child care benefits.  If your child is attending a registered childcare center and your family income is under $120,000 per year you may be eligible for Child Care Benefits.  You have the option of taking this benefit as a reduction in childcare fees during the year or as a lump sum at the end of the tax year. Also on offer is the Child Care Tax Rebate, which can cover 50 per cent of your child care expenses for approved child care, with a rebate of up to $7,500 per child, per year.

Few Extras to Consider

Finally a few other considerations.  Your children are entitled to free visits to see a GP and one free eye test per year through the Medicare system, .  You must be an Australian Resident to be eligible.  As a parent, you are encouraged to immunize your children by way of an immunization allowance. You can expect to receive a rate of $100 and $150.

For more information on these allowances and benefits see www.familyassist.gov.au

Best!

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