A New Tax System (Family Assistance) Act 1999
Schedules
Schedule 1 - Family Tax Benefit Rate CalculatorNote: See subsection 58(1) .
An individual ' s maintenance income free area is worked out using the following table. Work out which family situation in the table applies to the individual. The maintenance income free area is the corresponding amount in column 2 plus an additional corresponding amount in column 3 for each FTB child after the first, disregarding any child:
Maintenance income free area
(Part A-Method 1) |
|||
Column 1
Individual ' s family situation |
Column 2
Basic amount |
Column 3
Additional amount |
|
1 | Not a member of a couple | $952.65 | $317.55 |
2 | Partnered (both the individual and the partner have an annualised amount of maintenance income) | $1,905.30 | $317.55 |
3 | Partnered (only one has an annualised amount of maintenance income) | $952.65 | $317.55 |
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