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For the purposes of YA, the parental free income area is the amount of income the parent (section 5(1)-'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 YA Rate Calculator submodule 5 Parental income free area,section 1067G YA Rate Calculator submodule 6 Reduction for parental income
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Last reviewed: 5 November 2007
