A New Tax System (Family Assistance) Act 1999

Schedules

Schedule 1 - Family Tax Benefit Rate Calculator  

Part 2 - Part A rate (Method 1)  

Division 2 - Standard rate  

7   Standard rate  

(1)    
Subject to clauses 8 to 11, an individual ' s standard rate is worked out using the following table. Work out which category applies to each FTB child of the individual. The FTB child rate is the corresponding amount in column 2. The standard rate is the sum of the FTB child rates.


FTB chid rates
(Part A - Method 1)
Column 1
Category of FTB child
Column 2
FTB child rate
1 FTB child who is under 13 years of age $4,292.40
2 FTB child who has reached 13 years of age $5,580.85
3 (Repealed by No 14 of 2014)  
4 (Repealed by No 14 of 2014)  
5 (Repealed by No 98 of 2012)  



Reduction during reduction period for failing to have health check or meet immunisation requirements

(2)    


If either or both section 61A and subparagraph 61B(1)(b)(ii) apply in relation to an individual and an FTB child of the individual, the annual FTB child rate in relation to the child is reduced by $737.30 for each day in the FTB child rate reduction period (except any day in a past period to which subclause (3) applies).

Reduction of past period claims for failing to meet immunisation requirements

(3)    


The annual FTB child rate in relation to an FTB child of an individual is reduced by $737.30 if subparagraph 61B(1)(b)(i) applies in relation to the individual and the child.



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