Amount of Allowance for the Latest 7 years – C & Y Accounting Management Ltd

Here you can learn the amounts of the various allowances over the latest 7 years.

Year of Assessment

	2018/19 onwards	2017/18	2016/17	2015/16
	$	$	$	$
Basic allowance	132,000	132,000	132,000	120,000
Married person’s allowance	264,000	264,000	264,000	240,000
Child allowance
For each of the 1st to 9th child	120,000	100,000	100,000	100,000
For each child born during the year, the child allowance is increased by	120,000	100,000	100,000	100,000
Dependent brother or dependent sister allowance	37,500	37,500	33,000	33,000
Dependent parent and dependent grandparent allowance
For each parent or grandparent –
who is 55 years old or above but below 60	25,000	23,000	23,000	20,000
who is 60 years old or above	50,000	46,000	46,000	40,000
who is under 60 years old but eligible to claim an allowance under the Government’s Disability Allowance Scheme	50,000	46,000	46,000	40,000
Additional dependent parent and dependent grandparent allowance
For each parent or grandparent –
who is 55 years old or above but below 60	25,000	23,000	23,000	20,000
who is 60 years old or above	50,000	46,000	46,000	40,000
who is under 60 years old but eligible to claim an allowance under the Government’s Disability Allowance Scheme	50,000	46,000	46,000	40,000
Single parent allowance	132,000	132,000	132,000	120,000
Disabled dependant allowance	75,000	75,000	66,000	66,000
Personal Disability Allowance	75,000	–	–	–

Year of Assessment	2014/15	2013/14	2012/13
	$	$	$
Basic allowance	120,000	120,000	120,000
Married person’s allowance	240,000	240,000	240,000
Child allowance
For each of the 1st to 9th child	70,000	70,000	63,000
For each child born during the year, the child allowance is increased by	70,000	70,000	63,000
Dependent brother or dependent sister allowance	33,000	33,000	33,000
Dependent parent and dependent grandparent allowance
For each parent or grandparent –
who is 55 years old or above but below 60	20,000	19,000	19,000
who is 60 years old or above	40,000	38,000	38,000
who is under 60 years old but eligible to claim an allowance under the Government’s Disability Allowance Scheme	40,000	38,000	38,000
Additional dependent parent and dependent grandparent allowance
For each parent or grandparent –
who is 55 years old or above but below 60	20,000	19,000	19,000
who is 60 years old or above	40,000	38,000	38,000
who is under 60 years old but eligible to claim an allowance under the Government’s Disability Allowance Scheme	40,000	38,000	38,000
Single parent allowance	120,000	120,000	120,000
Disabled dependant allowance	66,000	66,000	66,000
Personal Disability Allowance	–	–	–