Example 38: Parents reunite after separating Example 39: Parent gains employment during year of study Cameron’s father is seeking AIC allowances for Joanne’s mother is seeking AIC allowances for the year. He loses his job on 11 April, and the year. Joanne’s parents separate on receives Newstart Allowance (NSA). He starts 1 February. Her mother receives a Parenting work again on 23 May and his NSA ceases. Payment (Single) (PPS), and Joanne remains with Cameron’s mother has a parttime job. her. Her parents reunite 7 months later, on Assessment basis 1 September and the PPS ceases. 1 January 10 April: base tax year assessment on – Assessment basis both parents’ incomes 1 January 31 January: base tax year assessment – 11 April 22 May: special assessment – on both parents’ incomes 23 May 31 December: current tax year or base – 1 February 31 August : special assessment tax year assessment (special assessment may – (income test waived) apply again, if another period of unemployment 1 September 31 December: base tax year occurs later in the year and NSA is received) – assessment on both parents’ incomes
Example 38: Parents reunite after separating during year of study Joanne’s mother is seeking AIC allowances for the year. Joanne’s parents separate on 1 February. Her mother receives a Parenting Payment (Single) (PPS), and Joanne remains with her. Her parents reunite 7 months later, on 1 September and the PPS ceases. Assessment basis 1 January – 31 January: base tax year assessment on both parents’ incomes 1 February – 31 August : special assessment (income test waived) 1 September – 31 December: base tax year assessment on both parents’ incomes Example 39: Parent gains employment Cameron’s father is seeking AIC allowances for the year. He loses his job on 11 April, and receives Newstart Allowance (NSA). He starts work again on 23 May and his NSA ceases. Cameron’s mother has a parttime job. Assessment basis 1 January – 10 April: base tax year assessment on both parents’ incomes 11 April – 22 May: special assessment 23 May – 31 December: current tax year or base tax year assessment (special assessment may apply again, if another period of unemployment occurs later in the year and NSA is received)
2012%20AIC%20Guidelines.docx