A New Tax System (Family Assistance) Act 1999

Schedules

Schedule 1 - Family Tax Benefit Rate Calculator  

Part 2 - Part A rate (Method 1)  

Division 5 - Maintenance income test  

Subdivision C - Maintenance income ceiling for Method 1  

24H  

24H   How to work out an individual ' s above base standard amount  
The individual ' s above base standard amount for the maintenance income is the difference between:


(a) the individual ' s standard rate under Division 2 of this Part (clauses 7 to 11 ) for the FTB children of the individual in respect of whom the individual, or the individual ' s partner, is entitled to apply for maintenance income from the maintenance payer; and


(b) the individual ' s standard rate under Division 2 of Part 3 (clauses 26 and 27 ) for those children (assuming that the individual ' s Part A rate were calculated under Part 3 ).




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.