Schedules
Schedule 1
-
Family Tax Benefit Rate Calculator
Note: See subsection
58(1)
.
Part 4
-
Part B rate
Division 2B
-
Energy supplement (Part B)
History
Sch 1 Div 2B heading substituted by No 122 of 2014, s 3 and Sch 1 item 158, effective 20 September 2014. For application and transitional provision, see note under Sch
1
cl
24HA
. Div 2B heading formerly read:
Division 2B
-
Clean energy supplement (Part B)
Sch 1 Div 2B inserted by No 141 of 2011, s 3 and Sch 2 item 27, applicable in relation to the 2013-14 income year and later income years.
31B
Energy supplement (Part B)
(1)
Subject to clause
31C
, the amount of the energy supplement (Part B) to be added in working out an individual
'
s Part B rate under clause
29
or
29A
is worked out using the following table.
|
Energy supplement (Part B)
|
|
Item
|
Individual
'
s family situation
|
Amount of energy supplement
(Part B)
|
| 1 |
Youngest FTB child is under 5 years of age |
$73.00 |
| 2 |
Youngest FTB child is 5 years of age or over |
$51.10 |
Note:
For certain individuals, energy supplement (Part B) is not to be added in working out the Part B rate: see clauses
29AA
and
29D
.
History
Sch 1 cl 31B(1) amended by No 55 of 2016, s 3 and Sch 21 item 23, by inserting the note at the end, effective 20 March 2017.
Sch 1 cl 31B(1) substituted by No 122 of 2014, s 3 and Sch 1 item 160, effective 20 September 2014. For application and transitional provision, see note under Sch
1
cl
24HA
. Cl 31B(1) formerly read:
(1)
The amount of the clean energy supplement (Part B) to be added in working out an individual
'
s Part B rate under clause 29 or 29A is worked out using the following table. Work out which family situation applies to the individual. Subject to clause 31C, the clean energy supplement (Part B) is the amount worked out under subclause (2).
|
Clean energy supplement (Part B)
|
|
Item
|
Family situation
|
|
| 1 |
Youngest FTB child is under 5 years of age |
|
| 2 |
Youngest FTB child is 5 years of age or over |
|
(2)
(Repealed by No 122 of 2014)
History
Sch 1 cl 31B(2) repealed by No 122 of 2014, s 3 and Sch 1 item 160, effective 20 September 2014. For application and transitional provision, see note under Sch
1
cl
24HA
. Cl 31B(2) formerly read:
(2)
For the purposes of subclause (1), the
clean energy supplement (Part B)
, in relation to an item in the table in subclause (1), is worked out as follows:
Method statement
Step 1.
Work out the amount applicable on 1 July 2013 under the corresponding item of the table in clause 30.
Step 2.
Work out the FTB (B) gross supplement amount on 1 July 2013 under subclause 31A(2).
Step 3.
Work out the sum of the amounts at steps 1 and 2.
Step 4.
Multiply the amount at step 3 by 0.017.
Step 5.
Round the amount at step 4 to the nearest multiple of $3.65 (rounding up if necessary): the result is the
clean energy supplement (Part B)
.
(3)
This clause does not apply in relation to a day if an election made by the individual under subsection
58A(1)
is in force on that day.
Note:
If that election is in force on one or more days in a quarter, then the Secretary must review the instalment determination taking into account this Division: see section
105B
of the Family Assistance Administration Act.
History
Sch 1 cl 31B(3) amended by No 70 of 2013, s 3 and Sch 3 item 63, by omitting
"
after the end of the quarter
"
in the note, effective 1 July 2013.
History
Sch 1 cl 31B inserted by No 141 of 2011, s 3 and Sch 2 item 27, applicable in relation to the 2013-14 income year and later income years.
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