A New Tax System (Family Assistance) Act 1999

Schedules

Schedule 3 - Adjusted taxable income  

3   Adjusted taxable income of members of a couple - family tax benefit and schoolkids bonus  

(1A)  
This clause applies in relation to working out eligibility for, and the rate of, family tax benefit and schoolkids bonus.

(1)  
For the purposes of this Act (other than Part 4 of Schedule 1), if an individual is a member of a couple, the individual ' s adjusted taxable income for an income year includes the adjusted taxable income for that year of the individual ' s partner.

(2)  


For the purposes of Part 4 of Schedule 1, if an individual is a member of a couple, the individual ' s adjusted taxable income for an income year is:


(a) for the purposes of Subdivision AA of Division 1 of Part 4 of Schedule 1:


(i) the individual ' s adjusted taxable income for that year; or

(ii) the adjusted taxable income for that year of the individual ' s partner if it is more than the individual ' s adjusted taxable income for that year; and


(b) for the purposes of the other provisions of Part 4 of Schedule 1:


(i) the individual ' s adjusted taxable income for that year; or

(ii) the adjusted taxable income for that year of the individual ' s partner if it is less than the individual ' s adjusted taxable income for that year.



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