How it works
The Work Bonus reduces the amount of employment income or eligible self-employment income that we applied to your rate of pension entitlement under the income test.
The Work Bonus doesn’t apply to income from your investments.
If you work, we’ll apply your Work Bonus balance to offset your Work Bonus eligible income. We’ll do this before we reduce your pension.
Your partner’s assessable income may also change with the Work Bonus.
Page last updated: 22 March 2021
This information was printed 17 June 2021 from https://www.servicesaustralia.gov.au/individuals/services/centrelink/work-bonus/how-it-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/individuals/site-notices when using this material.