The Guides to Social Policy Law is a collection of publications designed to assist decision makers administering social policy law. The information contained in this publication is intended only as a guide to relevant legislation/policy. The information is accurate as at the date listed at the bottom of the page, but may be subject to change. To discuss individual circumstances please contact Services Australia.

1.1.A.20 Adjusted taxable income (ATI)

Definition

For the purposes of FA, an individual's ATI for a financial year is:

the sum of the following amounts for that year
- taxable income (1.1.T.20, 3.2.2)
- adjusted fringe benefits total (3.2.3)
- target foreign income (1.1.T.05, 3.2.4) (including tax exempt foreign employment income)
- total net investment loss (1.1.T.53, 3.2.5)
- tax free pension or benefit (3.2.6), and
- reportable superannuation contributions (1.1.R.35, 3.2.9)
less 100% of the individual's child maintenance expenditure.

Act reference: FAAct Schedule 3 clause 2 Adjusted taxable income

Policy reference: FA Guide 3.2 Adjusted taxable income

Last reviewed: 3 January 2023

The Australian Government acknowledges Aboriginal and Torres Strait Islander peoples throughout Australia and their continuing connection to land, water, culture and community. We pay our respects to the Elders both past and present.

Family Assistance Guide

Disclaimer

1.1.A.20 Adjusted taxable income (ATI)

Definition