Schedules
Schedule 1
-
Family Tax Benefit Rate Calculator
Note: See subsection
58(1)
.
Part 3
-
Part A rate (Method 2)
Division 2
-
Standard rate
26
Standard rate
(1)
Subject to subclauses (3) and (4) and clause
27
, an individual
'
s
standard rate
is the total obtained by adding the FTB child rates for each of the individual
'
s FTB children.
History
Sch 1 cl 26(1) amended by No 36 of 2018, s 3 and Sch 2 item 8, by inserting
"
subclauses (3) and (4) and
"
, effective 1 July 2018. For application provision, see note under s
61A
.
(2)
The
FTB child rate
for the purpose of subclause (1) is $1,416.20.
History
Sch 1 cl 26(2) substituted by No 98 of 2012, s 3 and Sch 3 item 11, effective 1 January 2013. For application provisions, see note under s
22(4)
. Cl 26(2) formerly read:
(2)
The
FTB child rate
for the purpose of subclause (1) is:
(a)
for an FTB child who has not turned 18, or who has turned 18 and who is a senior secondary school child
-
$1,372.40; or
(b)
for an FTB child who has turned 18 and who is not a senior secondary school child
-
$1,839.60.
Sch 1 cl 26(2) substituted by No 50 of 2011, s 3 and Sch 2 item 7, applicable in relation to working out the rate of family tax benefit for days on or after 1 January 2012. If: (a) on or after 1 January 2012, it is necessary to work out an individual
'
s standard rate under Division 2 of Part 3 of Schedule 1 to the
A New Tax System (Family Assistance) Act 1999
in relation to an FTB child who turned 18 before 1 January 2012; and (b) apart from this subitem, paragraph 26(2)(a) of that Schedule would apply to the FTB child; then paragraph 26(2)(a) of that Schedule does not apply to the FTB child and paragraph 26(2)(b) of that Schedule applies to the FTB child instead.
Cl 26(2) formerly read:
(2)
The
FTB child rate
for the purpose of subclause (1) is:
(a)
for an FTB child who has not turned 18
-
$956.30; or
(b)
for an FTB child who has turned 18
-
$1,306.70.
Reduction during reduction period for failing to have health check or meet immunisation requirements
(3)
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 (4) applies).
History
Sch 1 cl 26(3) inserted by No 36 of 2018, s 3 and Sch 2 item 9, effective 1 July 2018. For application provision, see note under s
61A
.
Reduction of past period claims for failing to meet immunisation requirements
(4)
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.
History
Sch 1 cl 26(4) inserted by No 36 of 2018, s 3 and Sch 2 item 9, effective 1 July 2018. For application provision, see note under s
61A
.
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