1.1.P.40 Parental income test (YA)

Definition

For the purposes of YA, the parental income test is a test which applies to all dependent YA recipients, UNLESS a parent (section 5(1)-'parent') of the young person:

• is receiving (1.1.R.55) a pension, benefit or allowance, OR
• is receiving a payment under Part 5 or Part 6 of the Farm Household Support Act 1992, OR
• is receiving ABSTUDY (Living Allowance), OR
• has a LIC, OR
• is in an employment income nil rate period.

Act reference: SSAct section 5(1)-'parent', section 1067G Module F Parental income test, see section 1067G-F1 to 1067G-F3, section 23(4A) Despite subsection (4)…, section 23(4AA) For the purposes of subsection (4A)…

Policy reference: SS Guide 3.1.12 Employment Income Nil Rate Period

_______________________________________________________

Last reviewed: 1 July 2010