Hi, I'm receiving some historical back pay in a lump sum, will this affect my family tax benefit?

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TonyATO · Answer

We can only help with the tax consequences, so you will need to declare the lump sum in your tax return, but you will need to contact Services Australia about how it affects your Family tax benefit: https://www.servicesaustralia.gov.au/individuals/contact-us Check out the the information on lumnp sum payment in arrears that may relate to your payment. https://www.ato.gov.au/Individuals/Income-and-deductions/Offsets-and-rebates/Lump-sum-payments-in-arrears-tax-offsets/

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