A New Tax System (Family Assistance) Act 1999
SchedulesSchedule 1 - Family Tax Benefit Rate Calculator
Note: See subsection 58(1) .
Subject to clause 31 , an individual ' s standard rate is worked out using the following table. Work out which family situation applies to the individual. The standard rate is the corresponding amount in column 2.
|1||youngest FTB child is under 5 years of age||$2,569.60|
|2||youngest FTB child is 5 years of age or over||$1,781.20|