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 noteThe amount of the FTB Part B supplement to be added in working out an individual ' s Part B rate under clause 29 or 29A is:
(a) if the individual has one FTB child, or more than one FTB child, and the individual does not have a shared care percentage for that child, or for at least one of those children - the FTB (B) gross supplement amount; or
(b) if the individual has only one FTB child and the individual has a shared care percentage for the child - the shared care percentage of the FTB (B) gross supplement amount; or
(c) if the individual has more than one FTB child and the individual has a shared care percentage for each of those children - the highest of those percentages of the FTB (B) gross supplement amount.
(2)
For the purposes of subclause (1), the FTB (B) gross supplement amount is $302.95.
(3)
To avoid doubt, when the FTB (B) gross supplement amount is indexed on a 1 July under Part 2 of Schedule 4 , the amount, as it stood before that indexation, continues to apply in working out an individual ' s Part B rate under clause 29 or 29A for the income year ending just before that 1 July.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
