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Veteran Payment affects your income support payment

Information to help you make a choice between Veteran Payment and an income support payment.

  1. Family Tax Benefit
  2. What can affect your payment

Change of circumstances while getting Family Tax Benefit

You need to tell us when your circumstances change when you get Family Tax Benefit.

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. Asset types
  2. Gifting

When gifting exceptions apply

We have some exceptions to how we assess gifting.

  1. Getting aged care services
  2. Most useful information

Private Trust form (MOD PT)

Use this form if in the last 5 years, you or your partner have been involved with or have transferred funds or assets to a private trust that has not been vested.

  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.

Income maintenance period

This waiting period may apply if you or your partner have stopped work and got leave or redundancy payments.

Balancing dates if you were single and got income support

If you were single and got an income support payment for the entire financial year, we may balance your Family Tax Benefit (FTB) without you doing anything.

  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.

Severe financial hardship provisions

We may reduce or waive your waiting period for a payment if you meet the severe financial hardship provisions.

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Page last updated: 10 December 2021.
QC 60170