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  

24K   How to work out an individual ' s MIFA (maintenance income free area) amount  

(1)    
If the individual, and the individual ' s partner, between them are entitled to apply for maintenance income from only one maintenance payer, then the individual ' s MIFA amount for the maintenance income is the amount of the individual ' s maintenance income free area.

Apportioning the maintenance income free area

(2)    
If the individual, and the individual ' s partner, between them are entitled to apply for maintenance income from more than one maintenance payer, the individual ' s MIFA amount for maintenance income received from a particular maintenance payer is worked out using the following formula:

where:

individual ' s no child amount
is the amount worked out using the following formula:

Individual ' s basic amount worked out under clause 22

-

Individual ' s additional amount for one child worked out under clause 22