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回复 16# 的帖子 The LAW of the AOS
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9.4.3.60 AoS - Income Requirements & Family Circumstances of Potential Assurer
Family circumstances
The income test for both a mandatory AoS (security required) and a discretionary AoS (security not required) is incremented according to the number of assurers, the number of dependent children in the potential assurer's family and the number of adults to be supported under the AoS.
The income requirement is equal to the maximum annual basic rate for 'NSA for a single person with dependant children' (NSA rate as at 1 July) for each of the adults involved in the AoS, whether they are an assurer or assuree. That is the NSA rate multiplied by the number of assurers giving the AoS (up to a maximum of 3 assurers) and the number of adults who are being supported under the AoS (up to a maximum of 2 assurees). This is to ensure that the assurer(s) has sufficient income to support themselves and the assurees under AoS.
The income requirement will apply to each person giving an AoS, whether the assurance is given by one or more people.
Example (worked on the assumption that the NSA rate is $11,931 per year):
if one person gives an AoS for 2 adults the income requirement will be $35,793, or
if 2 people give an AoS for 2 adults the income requirement will be $47,724, or
if 3 people give an AoS for 2 adults the income requirement will be $59,655.
Children of an assuree over 18 years are considered to be adults and will be required to have a separate AoS.
If the assurer’s family includes children the assurer’s income threshold is increased by the annual base rate of FTB Part A plus the rate of FTB Part A supplement (as indexed) for each of the assurer’s children under 18 years of age. The following examples are provided to explain how the income threshold test above may apply.
Example 1: If a person with 2 children applies to give an AoS for a migrating family of 2 parents and 2 children, the minimum required income amount of the person is the total of:
$35,793 (the applicable NSA of $11,931 multiplied by the total number of adult assurers and adult assurees (3)), and
the base FTB child rate and the applicable supplement amount for each of the assurer's children.
The base FTB child rate and the applicable supplement are only added to the income requirement for the assurer's children. They do not apply to the children of the assurees.
Example 2: If a joint assurer (who has a partner and 2 children) gives an AoS with the partner for a migrating family of 2 parents and 2 children, the combined minimum required income for both assurers is the total of:
$47,724 (the applicable NSA of $11,931 multiplied by the total number of adult assurers and adult assurees (4)), and
the base FTB child rate and the applicable supplement amount for each of the assurers' children.
The base FTB child rate and the applicable supplement are only added to the income requirement for the assurers' children. They do not apply to the children of the assurees.
No increases are required to the income requirement in respect of an assurer's partner. An assurer's partner may give as assurance in his or her own right provided they meet the income and other requirements.
Both members of a couple may jointly assure a person seeking assurance provided they meet the relevant income and other requirements. |
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