1.1.F.10 Family PPL income limit
Definition
The family PPL income limit is the maximum combined ATI for the reference income year of a PPL claimant and, where applicable, their partner.
The family PPL income limit is:
- $350,000 if the reference income year (1.1.R.10) is 2021-22
- $350,000 if the reference income year is 2022-23
- $364,350 if the reference income year is 2023-24.
The family PPL income limit is to be indexed on 1 July (the indexation day) each year, commencing on 1 July 2024 in respect of the 2023-24 reference year.
Note: A claimant with a combined ATI greater than the Family PPL income limit may still satisfy the PPL scheme income limit if their ATI is under the individual PPL income limit.
Act reference: PPLAct section 6 The Dictionary, section 37 When a person satisfies the income test, section 39 The reference income year, section 41 The individual PPL income limit and family PPL income limit, section 42 Indexation of individual and family PPL income limits
Policy reference: PPL Guide 2.3 PPL scheme income test for PLP, 1.1.I.50 Indexation of PPL income limits