Treatment of income
When a client (or their partner) is receiving Young Parent Payment and declares any income, the following information is required:
- determine the source and the amount of income
- check the client still qualifies for Young Parent Payment and meets the youth activity obligations
- check the client's income is below the cut-out point
- check the period over which to charge income
- review the rate of payment, see Income test and Income change
- review any Extra help Effect of income on Extra help
- check any Exemption for severe disablement
For information on how to charge specific types of income for example, Accident Compensation Payments and employment related income see: Types of income
When a client (or their partner) advises that they have commenced employment, you will need to find out more specific information about their employment. See: Income from employment
Benefit stopped, suspended or expired
Where a benefit is stopped (suspended or expired) and the client has declared income for a period where no benefit has been paid, determine the client's entitlement to benefit first and then charge the income accordingly.
For more information see:
- Calculating the benefit rate
- Processing standards Income and asset details [no link find out why]
- To or from overseas Payments from Overseas
Legislation
- Rates and component of youth payment and young parent payment, and criteria for incentive payments schedule 4, part 6 Social Security Act 2018
- income (definition) schedule 2 Social Security Act 2018
- Calculation of income schedule 3, clauses 11-14 Social Security Act 2018
- Appropriate number of weeks for calculating weekly income regulation 205 Social Security Regulations 2018
