Profit and Loss Statement form (SU580)
Use this form if you are a sole trader, subcontractor or a partner in a partnership that has started new employment or a new business.
What the personal income test is for Youth Allowance for students and Australian Apprentices
We check your personal income to see if you’re eligible for Youth Allowance and work out how much you’ll get.
Newly arrived resident's waiting period
If you’ve recently arrived as a resident in Australia, you may have to wait to get payments or concession cards.
Proving your identity in person for a Centrelink payment
How to prove who you are in person at a service centre.
Deeming
Deeming rules are used to work out income from your financial assets. We add this to your other income and apply the income test to determine your payment rate.
How much you can gift
Your payment may be affected if you gift more than the value of the gifting free area each year.
When to verify your address and accommodation details for Rent Assistance
If you get Rent Assistance you should verify your address and accommodation details within 14 days if there’s a change.
Financial investments
The value of your financial investments counts in the assets test and income test for payments from us.
Advance payment
You may get part of your income support payment or Family Tax Benefit (Part A) early. This is an advance payment. You pay it back later out of your payments from us.
When to report your income to Centrelink
If you’re getting an income support payment, we’ll tell you when you need to report any other income you get.