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For the purposes of CCB, the taxable income percentage is a variable applied to a recipient's income (1.1.I.20) in calculating their adjustment percentage (1.1.A.40). The taxable income percentage is affected by the number of children in care.
Act reference: FAAct Schedule 2 Part 4 Taxable Income %
Policy reference: FA Guide 3.5.2.20 Calculating the Approved Care Adjustment Percentage, 3.5.2.40 Calculating the Approved Care Taxable Income Percentage
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Last reviewed: 6 April 2009
