Applying the Parental Income Test (PIT) for ABSTUDY and Youth Allowance (YA) 108-02010020
Policy
ABSTUDY
Links to the ABSTUDY Policy Manual and the Assistance for Isolated Children (AIC) Scheme guidelines go to pdf and docx documents. Select the document and go to the reference(s) below.
- 58.1, Exemptions from the Parental Income Test
- 58.2, Whose income is assessed under the Parental Income Test?
- 58.3, Income for the purposes of the Parental Income Test
- 58.3 Foreign Income
Note: there is no legislation for ABSTUDY.
Assistance for Isolated Children (AIC) Scheme
Assistance for Isolated Children Scheme Guidelines
- 6, The Parental Income test
Note: there is no legislation for AIC.
Youth Allowance
Social Security Guide, 4.2.8.10, Dependent YA - parental income test
Social Security Guide, 1.1.A.170, Appropriate tax year (YA)
Social Security Guide, 1.1.B.10, Base year (YA)
Social Security Guide, 1.1.E.90, Employer provided benefit (YA)
Social Security Guide, 1.1.T.105, Total net investment loss (YA)
Social Security Guide, 1.1.F.160, Foreign income (dependent YA)
Family assistance
Family Assistance Guide, 2.1.1.10, FTB child
Family Assistance Guide, 3.2.6, Tax free pensions or benefits
Legislation
Links to the Federal Register of Legislation site go to a 'Series' page. Select the 'Latest' version.
- section 1067G-A1, Method of calculating rate
- section 1067G, Module F - Parental income test
Farm Household Support Act 2014
- part 5 - Application and modification of the Social Security Act and the Social Security Administration Act
Social Security (Administration) Act 1999
- section 192, General power to obtain information