The MIFA is the amount of maintenance income (1.1.M.10) that is disregarded for the purposes of the maintenance income test for FTB Part A worked out using Method 1.
The MIFA varies, depending on:
Note: In some situations eligible individuals may be able to utilise unused MIFA from past years to offset late child support payments (see 3.1.7.05).
Act reference: FAAct Schedule 1 clause 22 How to calculate an individual's maintenance income free area, Schedule 1 clause 23 Only maintenance actually received taken into account in applying clause 22
Policy reference: FA Guide 3.1.7 Maintenance Income Test, 3.1.7.05 Maintenance Income Credit
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Last reviewed: 16 May 2011