1.1.M.10 Maintenance (FTB)
Definition: maintenance
Maintenance refers to payments or benefits received by an individual for the upkeep of an FTB child that is received from:
- a parent of the child, or
- the partner or former partner of a parent of the child.
Maintenance may include child maintenance (including child support), direct child maintenance and partner (spousal) maintenance.
Maintenance can be received in the form of cash (periodic and lump sum payments), non-cash maintenance, or capitalised maintenance.
Act reference: FAAct section 3(1)-'maintenance'
Policy reference: FA Guide 1.1.C.20 Child support (FTB), 3.1.7.11 Assessable maintenance income, 3.1.7.13 Capitalised maintenance
Definition: maintenance income
Maintenance income in relation to an individual means:
- child maintenance - the amount of a payment or the value of a benefit that is received by the individual for the maintenance of an FTB child of the individual and is received from
- a parent of the child, or
- the partner or former partner of a parent of the child
- partner (spousal) maintenance - the amount of a payment or the value of a benefit that is received by the individual for the individual's own maintenance and is received from the individual's former partner, or
- direct child maintenance - the amount of a payment or the value of a benefit that is received by an FTB child of the individual for the child's own maintenance and is received from
- a parent of the child, or
- the partner or former partner of a parent of the child
but does not include disability expenses maintenance.
Act reference: FAAct section 3(1)-'maintenance income'
Definition: capitalised maintenance income
Capitalised maintenance income in relation to an individual means maintenance income of the individual:
- that is neither a periodic amount nor a benefit provided on a periodic basis, and
- the amount or value of which exceeds $1,500.00.
A capitalised maintenance amount reflects a capitalisation period, which is the period of time the capitalised maintenance is meant to be used. Capitalised maintenance can be a single transfer of cash or property, but does not include property awarded to a non-resident parent as part of a matrimonial property settlement.
Capitalised maintenance income does not include maintenance income that is annualised or received under a notional assessment as set out in FAAct Schedule 1 clauses 20B, 20C and 20D.