A New Tax System (Family Assistance) Act 1999
Schedules
Schedule 1 - Family Tax Benefit Rate CalculatorNote: See subsection 58(1) .
The rate of rent assistance payable to an individual who has at least one FTB child and who is not a relevant shared carer is worked out using the following table. Work out the individual ' s family situation and calculate Rate A for the individual using the corresponding formula in column 2. This will be the individual ' s rate of rent assistance but only up to the individual ' s maximum rent assistance rate. The individual ' s maximum rent assistance rate is Rate B, worked out using column 3.
Rent assistance payable to individual who has at least one FTB child and who is not a relevant shared carer | |||||
(Part A - Method 1) | |||||
Column 1 | Column 2 | Column 3 | |||
Family situation | Rate A | Rate B | |||
Column 3A | Column 3B | ||||
1 or 2 rent assistance children | 3 or more rent assistance children | ||||
1 | Not member of a couple | (Annual rent − $5,000.50) | × 3 | $6,343.70 | $7,168.60 |
4 | |||||
2 | Member of a couple other than a person who is partnered (partner in gaol) or a member of an illness separated couple, a respite care couple or a temporarily separated couple | (Annual rent − $7,391.25) | × 3 | $6,343.70 | $7,168.60 |
4 | |||||
3 | Person who is partnered (partner in gaol) or a member of an illness separated couple or a respite care couple | (Annual rent − $5,000.50) | × 3 | $6,343.70 | $7,168.60 |
4 | |||||
4 | Member of a temporarily separated couple | (Annual rent − $5, 000.50) | × 3 | $6,343.70 | $7,168.60 |
4 | |||||
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