A New Tax System (Family Assistance) Act 1999

Schedules

Schedule 4 - Indexation and adjustment of amounts  

Note:

See section 85 .

Part 1 - Preliminary  

2  

2   Indexed and adjusted amounts  


The following table sets out:

(a)    each monetary amount that is to be indexed or adjusted under this Schedule; and

(b)    the abbreviation used in this Schedule for referring to that amount; and

(c)    the provision or provisions in which that amount is to be found.


Indexed and adjusted amounts
Column 1 Column 2 Column 3
Description of amount Abbreviation Provisions in which amount specified
1 FTB child rate (Part A - Method 1) FTB child rate (A1) [ Schedule 1 - subclause 7(1) - table - column 2 - all amounts]
2 Reduction in FTB child rate (Part A - Method 1) Reduction in FTB child rate (A1) [Schedule 1 - subclauses 7(2) and (3) - all amounts]
3 (Repealed by No 50 of 2011)    
4 Rent threshold rate for rent assistance for family tax benefit (Part A - Methods 1 and 3) FTB RA rent threshold (A1 and A3) [ Schedule 1 - subparagraphs 38C(1)(f)(i) , (ii) , (iii) and (iv) ]
[ Schedule 1 - subparagraphs 38C(1)(fa)(i) , (ii) , (iii) and (iv) ]
[ Schedule 1 - clause 38D - table - column 2 - all amounts]
[ Schedule 1 - clause 38E - table - column 2 - all amounts]
5 Maximum rent assistance for family tax benefit (Part A - Methods 1 and 3) FTB RA maximum (A1 and A3) [ Schedule 1 - clause 38D - table - column 3 - all amounts]
[ Schedule 1 - clause 38E - table - column 3 - all amounts]
6 FTB child rate (Part A - Method 2) FTB child rate (A2) [Schedule 1 - subclause 26(2) ]
7 Reduction in FTB child rate (Part A - Method 2) Reduction in FTB child rate (A2) [Schedule 1 - subclauses 26(3) and (4) - all amounts]
7A Newborn supplement for family tax benefit (Part A) newborn supplement [Schedule 1 - paragraphs 35B(1)(a) , (b) , (c) and (d) and subclauses 35B(2) , (3) and (4) - the dollar amount in the formula]
7B Upfront payment of family tax benefit newborn upfront payment [subsections 58AA(1) and (1A) ]
8 Multiple birth allowance for family tax benefit (Part A) FTB MBA (A) [Schedule 1 - clause 37 - paragraphs (a) and (b) ]
8A FTB gross supplement amount for family tax benefit (Part A) FTB gross supplement amount (A) [Schedule 1 - subclause 38A(3) ]
8B (Repealed by No 122 of 2014)    
9 Standard rate of family tax benefit (Part B) FTB standard rate (B) [Schedule 1 - clause 30 - table - column 2 - all amounts]
9A FTB (B) gross supplement amount for family tax benefit (Part B) FTB gross supplement amount (B) [Schedule 1 - subclause 31A(2) ]
9B (Repealed by No 122 of 2014)    
10 Standard rate of family tax benefit payable to an approved care organisation FTB standard ACO rate [subsection 58(2A) ]
10A (Repealed by No 122 of 2014)    
11 Basic higher income free area for family tax benefit (Part A) FTB basic HIFA (A) [Schedule 1 - clause 2 - table - column 1]
12 (Repealed by No 122 of 2014)    
13 Income free area for family tax benefit (Part A - Methods 1 and 3) FTB free area (A1 and A3) [ Schedule 1 - clause 38N ]
14 Income free area for family tax benefit (Part B) FTB free area (B) [Schedule 1 - clause 33 ]
14A (Repealed by No 14 of 2014)    
15 Standard basic maintenance income free area for family tax benefit (Part A - Method 1) FTB basic MIFA (A1) [Schedule 1 - clause 22 - table - column 2 - items 1 and 3]
16 Double basic maintenance income free area for family tax benefit (Part A - Method 1) FTB double basic MIFA (A1) [Schedule 1 - clause 22 - table - column 2 - item 2]
17 Additional maintenance income free area for family tax benefit (Part A - Method 1) FTB additional MIFA (A1) [Schedule 1 - clause 22 - table - column 3 - all amounts]
17AA Income limit for family tax benefit (Part B) FTB income limit (B) [ Schedule 1 - subclause 28B(1) ]
17A - 17AAA (Repealed by No 50 of 2012)    
17AB (Repealed by No 96 of 2014)    
17AC (Repealed by No 96 of 2014)    
17AD Income limit for stillborn baby payment stillborn baby payment income limit [paragraph 36(1)(e) ]
17AE (Repealed by No 70 of 2013)    
17B (Repealed by No 49 of 2012)    
18 Lower income (base rate) threshold for CCS CCS lower income (base rate) threshold subclause 3(4) of Schedule 2 definition of lower income (base rate) threshold
18A Lower income (other rate) threshold for CCS CCS lower income (other rate) threshold subclause 3A(6) of Schedule 2 definition of lower income (other rate) threshold
19 CCS hourly rate cap CCS hourly rate cap subclause 2(3) of Schedule 2
20 (Repealed by No 86 of 2021)    
20A - 22 (Repealed by No 22 of 2017)    




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