Charging income
SWIFTT will automatically calculate the rate of benefit payable when you add the client's income on the INCMH screen.
Weekly income
A client who has income charged weekly can receive up to $160 per week before their income will affect their benefit.
For clients who receive over $160 per week:
- income between $160 and $250 per week their benefit is reduced by 30 cents for each $1.00 of income
- income over $250 per week their benefit is reduced by 70 cents for every $1.00 of income
Annual income
A client who has income charged annually can receive up to $8,320 per year before their income will affect their benefit.
For clients who receive over $8,320:
- income between $8,320 and $13,000 per year their benefit is reduced by 30 cents for each $1.00 of income
- income over $13,000 per year their benefit is reduced by 70 cents for every $1.00 of income
For more details on what is income and how to charge it, see:
Income from Overseas Pensions
Income from overseas pensions is generally treated as a direct deduction from the benefit rate and this requires a separate calculation to charging other types of income.
For more information see:
- To or from overseas Payments from Overseas
Childcare costs income exemption
If a Sole Parent Support client has to pay childcare costs because they are working they can receive an additional income exemption.
For more information see:
Legislation
- How weekly income is calculated: general clause 13 schedule 3, Social Security Act 2018
