A New Tax System (Family Assistance) Act 1999
Schedules
Schedule 1 - Family Tax Benefit Rate CalculatorNote: See subsection 58(1) .
View history note
Hide history noteIf 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 |
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