The Work Bonus doesn’t apply to income from your investments.
The maximum Work Bonus balance will temporarily increase from 1 December 2022 until 31 December 2023. Read more about this increase depending on if you work or if you don’t work.
The Work Bonus reduces the amount of your eligible income included in the income test. This helps us work out your rate of payment.
The Work Bonus doesn’t apply to income from your investments.
The maximum Work Bonus balance will temporarily increase from 1 December 2022 until 31 December 2023. Read more about this increase depending on if you work or if you don’t work.
This information was printed 7 December 2023 from https://www.servicesaustralia.gov.au/how-work-bonus-works. It may not include all of the relevant information on this topic. Please consider any relevant site notices at https://www.servicesaustralia.gov.au/site-notices when using this material.