3.5.2.90 CCB Adjustment Percentage Example  2 Children, Income above Upper Threshold
Summary
This topic shows the calculation of the approved care CCB adjustment percentage (1.1.A.40) for an individual with 2 nonschool children (1.1.S.15) in LDC for 40 hours per week. The family's ATI (1.1.A.20) is $120,000 per year. The adjustment percentage is determined by calculating the:
Act reference: FAAct Schedule 2 clause 2 CCB rate calculator
Policy reference: FA Guide 3.5.2.10 CCB Overall Rate Calculation  Approved Care, 3.5.2.20 Calculating the Approved Care Adjustment Percentage
Calculating the MWB
The following table shows the 5 steps in calculating the individual's MWB.
Step  Action  $ 

1  ATI of $120,000 is above the upper income threshold (1.1.I.70) of $105,263.   
2  The family does not receive income support (1.1.I.50) nor is it in an employment income nil rate period.  
3  Determine the weekly income excess:

105,263.00 14,737.00 283.40 
4  Determine the weekly taper amount:

283.40
70.85 
5  Determine the MWB:

1,156.71 173.51 449.32 173.51 275.81 
Calculating the adjustment percentage
The following table shows the 6 steps in calculating the individual's adjustment percentage.
Step  Action  % 

1  Determine the taxable income percentage:

25.69 74.31 
2  Determine the multiple child percentage:

64.14 
3  Determine the CCB percentage:

64.14 74.31 47.66 
4  Determine the parttime percentage (1.1.P.50):

100 
5  Determine the schooling percentage (1.1.S.20):

100 
6  Determine the adjustment percentage:

100 100 47.66 47.66 
The individual may choose to round down their CCB percentage from 47.66% to 47%. This option was introduced in January 2003.