Financial year end gifting By Christine Hopper Gifting can be a pleasure for both the donor and the gift recipient. Gifts generally reduce the asset base of the donor. Some gifts also reduce the ‘assets’ of a Centrelink or DVA Pensioner. The ATO allows for gifts to some charitable causes to be deducted from your Read more about Financial year end gifting[…]
Can I get an Age Pension when I turn 65 even if my partner is much younger and/or still working? by Christine Hopper You can apply for an Age Pension when you have attained age 65 years. The Centrelink rules allow for an Age Pension for only one partner in a couple when the other partner Read more about Age Pension for only one partner in a couple[…]
Homeowner at Centrelink and DVA By Christine Hopper Avid readers of Commonwealth Pension means testing charts notice that the Asset Test Allowances have different amounts for ‘homeowners’ and ‘non-homeowners’. So who is a homeowner at Centrelink and DVA? Homeowner Suburban Examples Mary still owns the family home situated well inside a standard block in suburbia. Read more about Homeowner at Centrelink and DVA[…]
Service Pensions for Australian Veterans By Christine Hopper Veterans who actively served in roles where they were exposed to danger from the enemy in World War II or later conflicts, can apply to the Australian Department of Veterans Affairs (“DVA”) for a Service Pension. The Service Pension is of equivalent amount and subject to the Read more about Pensions for Australian Veterans[…]