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The base year is the tax year ending in the previous calendar year (that is, for the 2023 assessment period the base year is 2021-22). However in particular circumstances the tax year immediately following the base tax year may be used for assessing parental income.
The BASE tax year is the financial year ending before 1 January of the year of payment. A CURRENT tax year assessment If you are completing this form between September and December, you will need to provide information for both the BASE tax year and the CURRENT tax year.
What is a SY016 form? Unreasonable to live at home statement by parents or guardians form (SY016) Use this form if your child has applied as an independent person for Youth Allowance or ABSTUDY under the unreasonable to live at home guidelines.
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.