The Work Bonus doesn’t apply to income from your investments.
We apply the Work Bonus to employment income you get from:
- working in and outside Australia
- paid leave while still employed
- director’s fees
- self-employment, that involves active participation.
We don’t apply it to income you get from:
- leave after you’ve ended your employment
- self-employment, that doesn’t involve active participation
- investments
- superannuation.
We use your level of active participation to decide if we can use the Work Bonus for your income from:
- sole traders
- partnerships
- private companies
- private trusts.
Active participation
Active participation means you’re doing work that involves effort. This is the opposite of income from passive involvement.
Examples of work involving active participation include:
- bookkeeping
- lawn mowing
- plumbing.
Active participation doesn’t include managing an investment portfolio or rental properties owned by:
- you
- a family trust
- a family company.