3.3.1 Why provisional incomes are used
Context
Provisional incomes (1.1.P.130) may be used when a parent (1.1.P.10) has not yet lodged a tax return for a relevant financial year (1.1.L.10), or they have lodged a RNN advice with the ATO. They may be used to ensure a parent’s financial capacity is reflected in the child support assessment (1.1.C.70).
As an RNN advice does not provide income information, Services Australia will calculate a provisional income based on the most up-to-date income information (3.3.2).
Provisional incomes seek to:
- ensure child support assessments are updated regularly even when a parent has not lodged a tax return
- ensure child support assessments are based on the most current income information available
- prevent delays to updating the child support assessment when only one parent has lodged their tax return after a financial year
- encourage parents to lodge their tax returns on time, and
- minimise the instance of either parent being required to pay a debt or overpayment (1.1.O.20), when a child support assessment is retrospectively updated when the other parent lodges their tax return.
Act reference: CSA Act section 5 Interpretation—definitions, section 5A Definition of annualised MTAWE figure, section 58 to section 58D Determination by the Registrar of a parent’s adjusted taxable income, section 162A Obtaining information in relation to residents of reciprocating jurisdictions