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Private trusts and companies

If you’re part of a private trust or company, we need to know your share of the income and assets.

  1. Granny flat interest
  2. How we assess granny flat interests

Examples of granny flat interests

We’ve put together some common examples to help you understand how we assess granny flats. These examples don't cover every situation.

  1. Employment income reporting
  2. What to report

Income from employment

If you or your partner get income from employment you need to tell us. This is so we can pay you the right amount.

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.

  1. Looking for work
  2. Most useful information

Business details form (MOD F)

Use this form to let us know about you or your partner's involvement in a business.

  1. Managing your money
  2. Most useful information

Claim for Special Employment Advance form (SU514)

Use this form to claim a special employment advance.

  1. Asset types
  2. Gifting

What gifts we include in income and assets tests

We may include your gift if you give away, sell or transfer it for less than its market value.

Exemptions from the newly arrived resident's waiting period

After you arrive in Australia, there can be a waiting period to get some of our payments and concessions. Find out if you may not have to wait this period.

Supporting documents for Youth Allowance

When claiming Youth Allowance there’s information and documents you’ll need to complete your claim.

  1. Asset types
  2. Gifting

When gifting exceptions apply

We have some exceptions to how we assess gifting.

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Page last updated: 10 December 2021.
QC 60176