Work Bonus balance examples if you work
Understand how your Work Bonus balance affects your assessable income.
Asset types
Assets are property or items you or your partner own in full or part, or have an interest in. They can affect your payment.
Real estate assets
Information about how real estate assets affect your payment under the assets test.
Proving your identity in person for a Centrelink payment
How to prove who you are in person at a service centre.
Employment Separation Certificate form (SU001)
You can ask your previous employer to use this form to certify important employment information about you.
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.
Who can get the Work Bonus
You must meet eligibility requirements to get the Work Bonus.
How much you can gift
Your payment may be affected if you gift more than the value of the gifting free area each year.
How to report your income to Centrelink
You can report your employment income in different ways.
Income streams
These are regular payments made from your superannuation fund or purchased using either superannuation money or savings.