1.1.I.70 Income thresholds (CCB)
- one child in care, the income threshold is $45,114 (there is no upper income threshold), or
- more than one child in care:
- the lower income threshold is $45,114, and
- the upper income threshold is $105,263.
The figures in this topic relate to the current income year (for CCB purposes 3 July 2017 to 1 July 2018). Income thresholds for previous income years are located in 22.214.171.124.
Explanation: The lower and upper income thresholds are subject to indexation, for CCB purposes this takes effect on the first Monday of the income year. A week for the purposes of CCB and CCR commences on a Monday.
Act reference: FAAct Schedule 2 clause 6 Income thresholds, Schedule 2 clause 4(2) Standard hourly rate-basic meaning, Schedule 4 clause 2 Indexed and adjusted amounts, Schedule 4 clause 3 CPI Indexation Table, section 3(6) A week, for the purposes of CCB…