CTHIn ForceAct
A New Tax System (Family Assistance) Act 1999
24PHow to work out an individual’s standard amount
Start here
Get a plain-English read of 24P
Turn the raw legal text into a practical explanation grounded in A New Tax System (Family Assistance) Act 1999.
24P How to work out an individual’s standard amount
The individual’s standard amount for the maintenance income is 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.