1.1.M.21 Maintenance income free area (FTB)
Definition
The MIFA is the amount of maintenance income (1.1.M.10) that is disregarded for the purposes of the maintenance income test for FTB Part A worked out using Method 1. For the current annual MIFA amounts see 3.1.1.20.
The MIFA varies, depending on:
- whether the individual is single or has a partner (1.1.P.30)
- whether the individual and/or their partner is entitled to apply for child maintenance, and
- the number of FTB children for whom the individual and/or their partner is entitled to apply for child maintenance.
Note: In some situations eligible individuals may be able to utilise unused MIFA from past years to offset late child support payments (3.1.7.05).
Act reference: FAAct Schedule 1 clause 22 How to calculate an individual's maintenance income free area, Schedule 1 clause 23 Only maintenance actually received taken into account in applying clause 22
Policy reference: FA Guide 3.1.1.20 Current FTB rates & income test amounts, 3.1.7 Maintenance income test, 3.1.7.05 Maintenance income credit