How gifting can affect your payment
If you or your partner gift money, income or assets, we may assess it in your income and assets tests.
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.
When gifting exceptions apply
We have some exceptions to how we assess gifting.
How much you can gift
Your payment may be affected if you gift more than the value of the gifting free area each year.
Dependent or independent for Disability Support Pension (DSP)
If you’re under 21, the amount of DSP you get depends on whether we assess you as dependent or independent.
If you’re independent through work for Disability Support Pension
If you’re 20 or younger, you may be independent for Disability Support Pension (DSP) if you’ve supported yourself through work.
Types of income we apply the Work Bonus to
We apply the Work Bonus to employment and self-employment income. You need to tell us how much you earn so we can apply the Work Bonus and income test.
Work Bonus and your partner’s income
Your partner’s assessable income may also change with the Work Bonus.
Reviews for Age Pension
We may ask you to do reviews to check if you can keep Age Pension.
Proof of Life compliance reviews if you’re older than 80 and live overseas
If you’re older than 80 and live outside Australia you may need to complete a Proof of Life Certificate form.