A New Tax System (Family Assistance) Act 1999

Schedules

Schedule 1 - Family Tax Benefit Rate Calculator

Note: See subsection 58(1) .

Part 2 - Part A rate (Method 1)

Division 1 - Overall rate calculation process

3 Method of calculating Part A rate
Subject to the operation of clauses 5 , 6A , 38J and 38K , if the individual ' s Part A rate is to be calculated using this Part, it is calculated as follows: Method statement

Step 1.

Add the following amounts:

(a) the individual ' s standard rate under Division 2 of this Part (clauses 7 to 11);

(b) (Repealed by No 17 of 2016)

(ba) the individual ' s newborn supplement (if any) under Division 1A of Part 5 (clauses 35A and 35B );

(ca) the individual ' s FTB Part A supplement under Division 2A of Part 5 (clause 38A);

(cb) the individual ' s energy supplement (Part A) under Subdivision A of Division 2AA of Part 5 (clause 38AA);

(d) the individual ' s rent assistance (if any) under Subdivision A of Division 2B of Part 5 (clauses 38B to 38H).

The result is the individual ' s maximum rate .

Note:

Paragraph (cb) does not apply to certain individuals: see clause 6A .

Step 2.

Apply the income test in Division 2C of Part 5 (clauses 38L to 38N) to work out any reduction for adjusted taxable income. Take any reduction away from the individual ' s maximum rate: the result is the individual ' s income tested rate .

Step 3.

Apply the maintenance income test in Division 5 of this Part (clauses 20 to 24) to work out any reduction for maintenance income. Take any reduction away from the individual ' s income tested rate: the result is the individual ' s income and maintenance tested rate .

Step 4.

The individual ' s Part A rate is:

(a) the individual ' s income and maintenance tested rate if it is equal to or greater than the individual ' s base rate (see clause 4 ); or

(b) the individual ' s base rate (see clause 4 ) if it is more than the individual ' s income and maintenance tested rate.

View history note

History

Sch 1 cl 3 amended by No 55 of 2016, s 3 and Sch 21 items 6 and 7, by inserting " 6A, " after " operation of clauses 5, " and the note at the end of step 1 of the method statement, effective 20 March 2017.

Sch 1 cl 3 amended by No 17 of 2016, s 3 and Sch 2 item 1, by repealing para (b) in step 1 of the method statement, applicable in relation to working out the rate of family tax benefit for days on or after 1 July 2016. Para (b) in step 1 of the method statement formerly read:

(b) the individual ' s large family supplement (if any) under Division 1 of Part 5 (clauses 34 and 35);

Sch 1 cl 3 amended by No 122 of 2014, s 3 and Sch 1 item 144, by substituting " energy supplement " for " clean energy supplement " in para (cb) in step 1 of the method statement, effective 20 September 2014. For application and transitional provision, see note under Sch 1 cl 24HA .

Sch 1 cl 3 amended by No 70 of 2013, s 3 and Sch 2A item 3, by inserting para (ba) after para (b) in step 1 of the method statement, effective 1 March 2014. For application and transitional provisions, see note under Sch 1 Pt 5 Div 1A .

Sch 1 cl 3 amended by No 141 of 2011, s 3 and Sch 2 item 16, by inserting para (cb) in step 1 of the method statement, applicable in relation to the 2013-14 income year and later income years.

Sch 1 cl 3 amended by No 146 of 2006, s 3 and Sch 8 items 70 to 72, by substituting " 5, 38J and 38K " for " 4A, 4B and 5 " , substituting " Subdivision A of Division 2B of Part 5 (clauses 38B to 38H) " for " Division 3 of this Part (clauses 12 to 16) " in para (d) of step 1 of the method statement and substituting " Division 2C of Part 5 (clauses 38L to 38N) " for " Division 4 of this Part (clauses 17 to 19) " in step 2 of the method statement, effective 1 July 2008.

Sch 1 cl 3 amended by No 61 of 2005, s 3 and Sch 4 item 2, by substituting " clauses 4A, 4B and 5 " for " clause 5 " , applicable in relation to a decision, made after 1 July 2005, to make a determination that includes, or to vary a determination to include, rent assistance when calculating an individual ' s Part A rate of family tax benefit for a day that occurs before or after 1 July 2005.

Sch 1 cl 3 amended by No 59 of 2004, s 3 and Sch 1 item 1, by inserting para (ca) after para (c) of step 1 of the method statement, applicable in relation to family tax benefit for the 2003-2004 income year or a later income year.

Sch 1 cl 3 amended by No 45 of 2000, s 3 and Sch 1 item 21, by substituting " Subject to the operation of clause 5 " for " Subject to clauses 5 and 6 " . For transitional provisions see note under s 22A.

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