Income limit table for small families
SMALL FAMILIES | |||||
---|---|---|---|---|---|
DEPENDENT CHILDREN (n) | MINIMUM LIMIT (mL) Income < = mL (1) | FULL ANNUAL ALLOWANCE (A)(1) | MAXIMUM LIMIT (ML) Income > mL < ML (2) | ANNUAL DIFFERENTIAL ALLOWANCE (D) (3) (4) | MAXIMUM INCOME LEVEL (5) |
1 | 14,011.00 | 588.00 | 14,599.00 | 14,599.00 -I >= 49.00 | 14,550.00 |
2 | 16,112.65 | 1,176.00 | 17,288.65 | 17.288,65-I >= 98,00 | 17,190.65 |
3 | 18,214.30 | 1,764.00 | 19,978.30 | 19,978.30 -I >= 147.00 | 19,831.30 |
4 | 20,315.95 | 2,352.00 | 22,667.95 | 22,667.95 -I >= 196.00 | 22,471.95 |
5 | 22,417.60 | 2,940.00 | 25,357.60 |
25,357.60 -I >= 245.00 |
25,112.60 |
6 | 24,519.25 | 3,528.00 | 28,047.25 | 28,047.25 -I >= 294.00 | 27,753.25 |
7 | 26,620.90 | 4,116.00 | 30,736.90 | 30,736.90 -I >= 343.00 | 30,393.90 |
8 | 28,722.55 | 4,704.00 | 33,426.55 |
33,426.55- I >= 392.00 |
33,034.55 |
9 | 30,824.20 | 5,292.00 | 36,116.20 |
36,116.20 -I >= 441.00 |
35,675.20 |
10 | 32,925.85 | 5,880.00 | 38,805.85 | 38,805.85 -I >= 490.00 | 38,315.85 |
n | mL = 14,011+2101.65 (n-1) |
A = 588,00n | ML = mL + A | D = ML - I provided that D > = €49.00/year/child | Maximum level = ML - (49.00n) |
APPLICATION RULES:
- (1) The full annual allowance (A) is granted if the annual income (I) is less than or equal to the minimum limit (mL) based on the total number of originators.
- (2) Maximum limit (ML) calculable to establish whether the differential allowance (D) is applicable. Maximum limit (ML) is the minimum limit (mL) plus €341 for each able-bodied originator under 18.
- (3) An annual allowance (D) equal to the difference between the maximum limit (ML) and income (I), will be granted on the provision that said difference is equal to or greater than €28.41 per year per originator.
- (4) The annual difference allowance (D), will be distributed amongst the originators.
- (5) If the annual income (I) exceeds these amounts, no allowance will be granted.