1.1.S.103 Standard rate (FTB)
- other rate components are added,
- the income test is applied, and
- the maintenance income test is applied.
The standard rates are different for:
- FTB Part A worked out under Method 1,
- FTB Part A worked out under Method 2, and
- FTB Part B.
Act reference: FAAct Schedule 1 clause 7 Standard rate (Method 1), Schedule 1 clause 26 Standard rate (Method 2)
Policy reference: FA Guide 22.214.171.124 Current FTB Rates & Income Test Amounts, 3.1.4 FTB Part A Rate Calculation - Method 1, 3.1.8 FTB Part A Rate Calculation - Method 2, 3.1.9 FTB Part B Rate Calculation