FHS income apportionment method statement
1116 FHS income apportionment method statement
For the purposes of this Part, the total amount and daily amount for a FHS entitlement period, in relation to income of a person in relation to a payroll period, are worked out as follows:
Method statement
Step 1. Divide the amount of the income by the number of days in the payroll period.
Step 2. Work out how many days in the payroll period fall within the FHS entitlement period.
Step 3. Multiply the amount from step 1 by the number of days from step 2. This is the total amount for the FHS entitlement period.
Step 4. Divide the total amount for the entitlement period by the number of days in the entitlement period. This is the daily amount for the entitlement period.
This Act’s bill:Explanatory memorandumSecond reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.