1.1.H.10 Higher income free area (FTB)

Definition

For the purposes of FTB, the higher income free area is the amount of ATI (1.1.A.20) an individual may have before their rate of FTB is affected by the income test for FTB Part A, worked out under Method 2.

Act reference: FAAct Schedule 1 clause 2 Higher income free area

Policy reference: FA Guide 3.1.1.10 Calculating a Rate of FTB - Overview, 3.1.1.20 Current FTB Rates & Income Test Amounts

Last reviewed: 1 July 2015