1.1.T.30 Taxable income percentage (CCB)

Definition

For the purposes of CCB, the taxable income percentage is a variable applied to a recipient's income (1.1.I.20) in calculating their adjustment percentage (1.1.A.40). The taxable income percentage is affected by the number of children in care.

Act reference: FAAct Schedule 2 Part 4 Taxable Income %

Policy reference: FA Guide 3.5.2.20 Calculating the Approved Care Adjustment Percentage, 3.5.2.40 Calculating the Approved Care Taxable Income Percentage

Last reviewed: 8 May 2017