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Gross income is the amount you get before tax and other deductions. If your income changes, even by a small amount, you need to tell us.
Income can be money you get from any of the following:
- a job
- a source, like an investment
- a gift or allowance.
Read more about how we define income.
If you get employment income from your job, you must report every 2 weeks for your payment to continue. If you don’t report every 2 weeks your payment will stop. If you report late, your payment will be late.
You must tell us if you get employment income from more than 1 job. This helps us make sure we’re paying you the right amount.
You must also tell us if you get income from self-employment. We look at employment income types in different ways.
You need to tell us if you leave your job and get severance or redundancy pay. This pay can affect how much we pay you.
Any voluntary superannuation contributions you make count as income. You will need to tell us about this so we pay you the right amount.
If your income reduces the amount we pay you to 0, a nil payment period will start. This helps you stay on a payment if your income changes.
There are other things we need to know about your income. This will make sure we’re paying you the right amount.
If you’re self employed you need to tell us about your business income. This is so we can pay you the right amount. You also need to tell us if this changes.