A New Tax System (Family Assistance) Act 1999
SchedulesSchedule 1 - Family Tax Benefit Rate Calculator
Note: See subsection 58(1) .
Despite Subdivisions A and B, an individual ' s Part B rate is nil if the individual ' s adjusted taxable income is more than $100,000.
If the individual is a member of a couple, the individual ' s adjusted taxable income is the higher of the individual ' s adjusted taxable income and the adjusted taxable income of the individual ' s partner: see clause 3 of Schedule 3 .
However, subclause (1) does not apply while the individual, or the individual ' s partner, is receiving a social security pension, a social security benefit, a service pension, income support supplement or a veteran payment.