A New Tax System (Family Assistance) Act 1999
24HHow to work out an individual’s above base standard amount
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24H How to work out an individual’s above base standard amount
The individual’s above base standard amount for the maintenance income is the difference between: (a) the individual’s standard rate under Division 2 of this Part (clauses 7 to 11) for the FTB children of the individual in respect of whom the individual, or the individual’s partner, is entitled to apply for maintenance income from the maintenance payer; and (b) the individual’s standard rate under Division 2 of Part 3 (clauses 26 and 27) for those children (assuming that the individual’s Part A rate were calculated under Part 3).