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.M.20 Maintenance income credit (MIC)


A MIC is a balance of unused amounts of MIFA (1.1.M.21) from previous income years. When an individual who is entitled to FTB receives arrears of maintenance income (1.1.M.10), the balance is drawn upon to reduce the amount of arrears counted under the maintenance income test.

Act reference: FAAct Schedule 1 clause 24A Maintenance income credit balances

Policy reference: FA Guide Maintenance income credit

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