From 1 July 2010, new education participation requirements will be introduced for Family Tax Benefit (FTB) Part A for young people aged 16 to 20.
This means that around 300,000 children aged from 16 to 20 will need to be enrolled in a full-time course leading to Year 12 or equivalent qualification, or have completed the course, for their families to be eligible to receive FTB Part A.
The participation requirement has applied to new customers since 1 January 2010.
From 1 July, the participation requirement will apply to all FTB Part A children aged 16 to 20 years.
The participation requirement is designed to help the Government achieve its target of a 90 per cent Year 12 or equivalent attainment rate by 2015.
Eligible courses must assist or allow the young person to complete a Year 12 or equivalent qualification – considered to be a Certificate Level II course under the Australian Qualifications Framework.
Exemptions will apply when the young person lacks the capacity to study due to illness or impairment, where there is no locally accessible course, or if other special circumstances exist.
The new requirements were legislated in late 2009 and details posted at the time.
Article by Christie Lewis
Christie is Practice Manager at Alan Lewis Accountants . Besides accounting, her passion is for all things small business (and blogging, of course). You can contact Christie directly at christie@lewistaxation.com.au.
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Is these course available only in Australia or an other country also involved in the same.
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