A NEW TAX SYSTEM (FAMILY ASSISTANCE) ACT 1999 - SECT 59 Shared care percentages where individual is FTB child of more than one person who are not members of the same couple
A NEW TAX SYSTEM (FAMILY ASSISTANCE) ACT 1999 - SECT 59
Shared care percentages where individual is FTB child of more than one person who are not members of the same couple(1) An individual has a shared care percentage under this section for an FTB child of the individual if:
(a) the Secretary has determined the individual's percentage of care for the child during a care period; and
(b) that percentage is at least 35% and not more than 65%.
Note: Paragraph 27(2)(b) deals with the percentage of care in a blended family case.
(2) The individual's shared care percentage for the FTB child is the relevant percentage specified in column 2 of the table.
Shared care percentages | ||
Item | Column 1 Individual's percentage of care | Column 2 Shared care percentage |
1 | 35% to less than 48% | 25% plus 2% for each percentage point over 35% |
2 | 48% to 52% | 50% |
3 | more than 52% to 65% | 51% plus 2% for each percentage point over 53% |
(3) If the shared care percentages, specified in the table, of
all of the individuals of whom the child is an FTB child add to less than
100%, then the Secretary may determine a different whole percentage for one or
more of those individuals for the FTB child. Despite subsection (2),
the individual's shared care percentage for the child is the percentage so
determined for that individual.