### The monthly net income for a person as relates to the family scheme

Family Scheme Float MONTH Person Formula Included used 1 time
**Value type**
Float
.
**Default value**
0
**Entity**
person

### How is this calculated?

To calculate this variable, the following input is used

- Float family_scheme__assessable_income The annual net income for a person as relates to the family scheme

### Where is this used?

This variable is referred to by these other variables in their own calculations

- Boolean social_security__family_income_under_young_parent_payment_threshold Person's family income is under the young parent payment threshold

### Formulas

This is the formula used to calculate the value of family_scheme__assessable_income_for_month

### 0001-01-01

This formula is used for scenarios from the date 0001-01-01 onwards. More info on formulas

```
def formula(persons, period, parameters):
return persons(
```**'family_scheme__assessable_income'**, period, options=[DIVIDE])