A New Tax System (Family Assistance) Act 1999

Schedules

Schedule 1 - Family Tax Benefit Rate Calculator  

Part 2 - Part A rate (Method 1)  

Division 5 - Maintenance income test  

Subdivision D - Maintenance income ceiling for purposes of comparison for Method 2  

24N  

24N   Overall method for working out maintenance income ceiling for purposes of comparison for Method 2  
For the purposes of the comparison in step 4 of the method statement in clause 25 , this is how to work out an individual ' s maintenance income ceiling for maintenance income received by the individual, or the individual ' s partner, from another individual (the maintenance payer ) if the individual ' s Part A rate is worked out using Part 3 of this Schedule (Method 2): Method statement


Step 1.

Work out the individual ' s standard amount for the maintenance income using clause 24P .


Step 2.

(Repealed by No 17 of 2016)


Step 2A

Work out the individual ' s newborn supplement (if any) under Division 1A of Part 5 (clauses 35A and 35B ) for FTB children of the individual in respect of whom the individual, or the individual ' s partner, is entitled to apply for maintenance income from the maintenance payer.


Step 3.

Work out the individual ' s multiple birth allowance (if any) under Division 2 of Part 5 (clauses 36 to 38 ) for FTB children of the individual in respect of whom the individual, or the individual ' s partner, is entitled to apply for maintenance income from the maintenance payer.


Step 4.

Work out the individual ' s supplement amount for the maintenance income using clause 24R .


Step 4A.

Work out the individual ' s energy supplement amount for the maintenance income using clause 24RA .


Step 5.

Work out the individual ' s RA amount for the maintenance income using clause 24J .


Step 6.

Work out the individual ' s MIFA amount for the maintenance income using clause 24K .


Step 7.

Work out the individual ' s maintenance income ceiling for the maintenance income using clause 24S .




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