In relation to FTB Part A, the base FTB child rate for Method 1 under clause 8 of Schedule 1 of the A New Tax System (Family Assistance) Act 1999, is the rate worked out using Method 2 under subclause 26(2) of Schedule 1.
Act reference: FAAct Schedule 1 clause 8 Base FTB child rate, Schedule 1 clause 26 Standard rate
Policy reference: FA Guide 3.1.1.20 Current FTB Rates & Income Test Amounts
_______________________________________________________
Last reviewed: 6 April 2009