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3.1.9.20 Income Test - FTB Part B

FTB Part B income tests

The following table outlines the income tests that apply to different applicant/recipient circumstances.

If the applicant/recipient is...

Then...

a single parent,

they are eligible for the maximum rate of FTB Part B if their income is $150,000 per annum or less.

the higher income earner in a couple,

there is a $150,000 per annum income test.

the lower income earner in the couple,

Explanation: It does not matter if the lower income earner is not the primary carer of the children.

Example: Damien and Genevieve receive FTB Part B. Damien is self-employed and earns $5,500 and Genevieve earns $15,500 per year. Genevieve works part-time and is the primary carer of the children. FTB Part B is calculated on Damien's income of $5,500 a year as he is the lower income earner even though Genevieve is the primary carer.

if their partner's income is equal to or lower than the income limit of $150,000 per annum, an income test then applies to the lower earner's income to determine the rate of FTB Part B. Their FTB Part B is reduced by 20% of the income excess if their ATI (1.1.A.20) is more than their income free area (1.1.I.40).

Explanation: This reduction is deducted from the maximum rate. This amount is now the recipient's FTB Part B rate.

Special arrangements may apply to lower income earners in a couple returning to work for the first time after the birth of a child, or when an eligible child enters their care.

 

Act reference: FA(Admin)Act section 20 Determination of rate may be based on..., section 20A Indexed estimates, section 20B Indexed actual incomes

Policy reference: FA Guide 1.1.I.85 Indexed income - actual or estimate (FTB), 3.1.9.30 FTB Part B Return to Work

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Last reviewed: 11 February 2013


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Last Edited: 22/01/2013 12:26:41 PM


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