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  • Weekly family threshold (WFT)

    Where scale 2 or scale 6 is applied

    • Where an employee has answered yes to question 9 and no to question 12 on the Medicare levy variation declaration
      • WFT = $713.25 (37,089 ÷ 52) (rounded to the nearest cent).
       
    • Where an employee has answered yes to question 12 on the Medicare levy variation declaration, you need to
    1. multiply the number of children shown at question 12 by 3,406 and add the result to 37,089
    2. divide the result of (a) by 52
    3. round the result of (b) to the nearest cent.

    Example

    If the employee has shown two dependent children at question 12:

    WFT = ([3,406 × 2] + 37,089) ÷ 52

    WFT = 844.2500 or $844.25 (rounded to the nearest cent)

    End of example
    Last modified: 25 Jun 2018QC 55460