A New Tax System (Family Assistance) Act 1999

Schedules

Schedule 1 - Family Tax Benefit Rate Calculator  

Part 2 - Part A rate (Method 1)  

Division 1 - Overall rate calculation process  

3  

3   Method of calculating Part A rate  


Subject to the operation of clauses 5 , 6A , 38J and 38K , if the individual ' s Part A rate is to be calculated using this Part, it is calculated as follows: Method statement

Step 1.

Add the following amounts:

  • (a) the individual ' s standard rate under Division 2 of this Part (clauses 7 to 11);
  • (b) (Repealed by No 17 of 2016)
  • (ba) the individual ' s newborn supplement (if any) under Division 1A of Part 5 (clauses 35A and 35B );
  • (c) the individual ' s multiple birth allowance (if any) under Division 2 of Part 5 (clauses 36 to 38);
  • (ca) the individual ' s FTB Part A supplement under Division 2A of Part 5 (clause 38A);
  • (cb) the individual ' s energy supplement (Part A) under Subdivision A of Division 2AA of Part 5 (clause 38AA);
  • (d) the individual ' s rent assistance (if any) under Subdivision A of Division 2B of Part 5 (clauses 38B to 38H).
  • The result is the individual ' s maximum rate .

    Note:

    Paragraph (cb) does not apply to certain individuals: see clause 6A .


    Step 2.

    Apply the income test in Division 2C of Part 5 (clauses 38L to 38N) to work out any reduction for adjusted taxable income. Take any reduction away from the individual ' s maximum rate: the result is the individual ' s income tested rate .


    Step 3.

    Apply the maintenance income test in Division 5 of this Part (clauses 20 to 24) to work out any reduction for maintenance income. Take any reduction away from the individual ' s income tested rate: the result is the individual ' s income and maintenance tested rate .


    Step 4.

    The individual ' s Part A rate is:

  • (a) the individual ' s income and maintenance tested rate if it is equal to or greater than the individual ' s base rate (see clause 4 ); or
  • (b) the individual ' s base rate (see clause 4 ) if it is more than the individual ' s income and maintenance tested rate.



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