The FAMT (1.1.F.10) is used to help families whose taxable income (section 23(1)-'taxable income') may not be a good indication of their need for YA.
This section contains information on the categories of parent, and the type of actual means that are assessed under the FAMT. It also contains information on the application of the FAMT.
Act reference: SSAct section 23(1)-'taxable income'
This chapter contains the following topics:
4.2.9.10 Family Actual Means Test - Designated Parents
4.2.9.20 Family Actual Means Test - Actual Means
4.2.9.30 Family Actual Means Test - Amounts not included in Family Actual Means Test
4.2.9.40 Family Actual Means Test - Application of the Test
4.2.9.50 Current Family Actual Means Test - Current Family Actual Means Test Assessment
_______________________________________________________
Last reviewed: 1 June 2012