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Please keep these Notes pages 1 to 4 for your information. Mod JY. Parent s /Guardian s details for the BASE tax year and CURRENT tax year for dependent Youth Allowance or ABSTUDY customers Purpose of this form The appropriate rate of payment for a dependent Youth Allowance or ABSTUDY customer is based on their parent s /guardian s income details. This form is used to collect these details. The questions in PART A are about the person who is claiming Youth Allowance or ABSTUDY. Allowance or AB ...

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do you find your base tax year?

The BASE tax year is the financial year ending before 1 January of the year of study.

What is the base tax year for Youth Allowance?

For the purposes of parental means tested YA, the base year is the financial year ending on 30 June of the year before the calendar year in which payment is made. For the purposes of YA, the term BASE TAX YEAR is used. This term is used in the YA parental income test (1.1. P.

How does Centrelink advise parental income?

We need to know their income so we can pay you the right amount. Youll get the letter in September or October each year. You need to give this letter to your parents or guardians straight away. These are the parents or guardians you normally live with or last lived with.

What does mod jy mean?

Parent or Guardian details - for the BASE tax year and CURRENT tax year for dependent Youth Allowance or ABSTUDY customers form (MOD JY) Use this form to provide income details of a parent or guardian if you are a dependent claiming or receiving Youth Allowance or ABSTUDY.