1.1.P.30 Parental income free area (YA)
For the purposes of YA, the parental free income area is the amount of income the parent can have without affecting the YA recipient's rate. If the parent's income is ABOVE the parental income free area, the YA recipient's rate is reduced.
The parental income free area is set annually (1 January) and linked to CPI.
Act reference: SSAct section 5(1)-'parent', section 1067G Module F submodule 5 Parental income free area, section 1067G Module E Person's reduction for parental income