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3.1 FTB Rate Calculation

Introduction

This chapter sets out how FTB rates are calculated.

 

Current rates & income test amounts

The following table shows where you will find the current rates and income test amounts for FTB and its components.

Item

Topic

- Standard rates (1.1.S.103) for FTB Part A and FTB Part B,

- Income free area (1.1.I.40) for FTB,

- Higher income free area (1.1.H.10) and additional higher income free area for FTB Part A,

- LFS rate,

- MBA rate,

- FTB Part A supplement rate,

- FTB Part B supplement rate,

- Cut-out amount (1.1.C.80) for an FTB child's income

FA Guide 3.1.1.20 Current FTB Rates & Income Test Amounts

RA rates and thresholds

3.1.4.30 Rent Assistance

Maintenance income free area

3.1.7.10 Maintenance Income Test - General Provisions

 

Rates used in examples

There are many examples of rate calculations throughout this chapter. The examples are primarily indicative of the methods used to calculate the rate; the rates quoted may however be historical. For historical rates of payment, refer to 3.6 Historical Rates.

 

In this chapter

This chapter contains the following sections:

3.1.1 Rate Provisions for FTB

3.1.2 FTB Rate for ACOs

3.1.3 Apportioning Income Test Reductions between FTB Part A Components

3.1.4 FTB Part A Rate Calculation - Method 1

3.1.5 Maintenance Action Test for FTB Part A

3.1.6 Child Support Assessments & Agreements

3.1.7 Maintenance Income Test

3.1.8 FTB Part A Rate Calculation - Method 2

3.1.9 FTB Part B Rate Calculation

3.1.10 Number not currently in use

3.1.11 Advance Payment of FTB Part A

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Last reviewed: 2 January 2013


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