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1.1.S.95 Specific taper amount (CCB)

Definition

For the purposes of CCB an individual's specific taper amount is used to obtain the MWB (1.1.M.27) for families with an ATI above the upper income threshold (1.1.I.70).

 

Specific Taper Amount = {(Upper threshold - Lower threshold) รท 52} x 15%

 

Act reference: FAAct Schedule 2 CCB Rate Calculator

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Last reviewed: 6 April 2009


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Last Edited: 13/03/2012 1:35:51 PM


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