A New Tax System (Family Assistance) Act 1999

PART 7 - BACK TO SCHOOL BONUS AND SINGLE INCOME FAMILY BONUS  

Division 2 - Single income family bonus  

SECTION 102   What is the amount of the bonus?  
Amount is $900 unless another subsection applies

102(1)    
Subject to this section, the amount of the single income family bonus to the entitled individual is $900.

Reduced amount if applicable rate took account of an individual's shared care percentage

102(2)    
If the applicable rate (see section 101 ) was worked out taking into account only one FTB child and a shared care percentage in relation to that child, the amount of the single income family bonus to the entitled individual is that percentage of $900.

102(3)    
If the applicable rate (see section 101 ) was worked out taking into account more than one FTB child and a shared care percentage for each of those children, the amount of the single income family bonus to the entitled individual is the highest of those percentages of $900.

Reduced amount if applicable rate took account of a section 28 percentage determination

102(4)    
If the applicable rate (see section 101 ) took account of a determination under section 28 of a particular percentage in relation to one or more FTB children, the amount of the single income family bonus to the entitled individual is:


(a) unless paragraph (b) applies - that percentage of $900; or


(b) if subsection (2) or (3) also applies - that percentage of the amount worked out under subsection (2) or (3).

Reduced amount if applicable rate took account of a section 29 percentage determination

102(5)    
If the applicable rate (see section 101 ) took account of a determination under section 29 of a particular percentage in relation to one or more FTB children, the amount of the single income family bonus to the entitled individual is:


(a) unless paragraph (b) applies - that percentage of $900; or


(b) if subsection (2) or (3) also applies - that percentage of the amount worked out under subsection (2) or (3).




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