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The income limit is the level of ATI (1.1.A.20) a primary earner (1.1.P.122) or a sole parent can earn before the family loses eligibility for FTB Part B.
The FTB Part B primary earner income limit is $150,000 per income year. The income limit is normally indexed annually in line with the CPI on 1 July of each year.
Note: The primary earner income limit will next be indexed on 1 July 2014.
Act reference: FAAct Schedule 3 clause 3(2) Adjusted taxable income of members of couple
Policy reference: FA Guide 3.1.9 FTB Part B Rate Calculation, 3.1.1.20 Current FTB Rates & Income Test Amounts
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Last reviewed: 20 March 2013
