1.1.I.40 Income free area (FTB)
For the purposes of FTB, the income free area is the amount of ATI (1.1.A.20) an individual (1.1.I.90) may have before their rate of FTB is affected under the income test for:
- FTB Part A worked out under Method 1, and
- FTB Part B.
Act reference: FAAct Schedule 1 clause 38N Income free area (Part A), Schedule 1 clause 33 Income free area (Part B)
Policy reference: FA Guide 126.96.36.199 Current FTB rates & income test amounts, 3.1.4 FTB Part A rate calculation - Method 1, 3.1.9 FTB Part B rate calculation
Last reviewed: 1 July 2020