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Assets Test Limits for Allowances
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WARNING! THIS PAGE MAY NOT BE UP TO DATE
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As we no longer have the resources to keep it up to date, this website ceased to be a subscription website from March 2022
(last annual subscription accepted in December 2020)
You should not rely on it for the most up to date information. Having said that, we do update some of it from time to time.
You may still find some of it useful.
You may wish to use the atotaxrates.info website instead, which may be more up to date.
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Limits - 1 July 2021 to 30 June 2022
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Family Situation
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For Homeowners
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For Non-Homeowners
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Single
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$270,500
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$487,000
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Couple
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$405,000
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$621,500
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Illness Separated
(Couple Combined)
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$405,000
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$621,500
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One Partner Eligible
(Combined Assets)
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$405,000
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$621,500
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Allowances, Austudy, Parenting Payment and Special Benefit are not payable if assets exceed these amounts.
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Limits - 1 July 2020 to 30 June 2021
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Family Situation
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For Homeowners
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For Non-Homeowners
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Single
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$268,000
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$482,500
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Couple
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$401,5000
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$616,000
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Illness Separated
(Couple Combined)
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$401,500
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$616,000
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One Partner Eligible
(Combined Assets)
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$401,500
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$616,000
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Allowances, Austudy, Parenting Payment and Special Benefit are not payable if assets exceed these amounts.
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Limits - 1 July 2019 to 30 June 2020
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Family Situation
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For Homeowners
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For Non-Homeowners
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Single
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$263,250
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$473,750
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Couple
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$394,500
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$605,000
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Illness Separated
(Couple Combined)
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$394,500
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$605,000
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One Partner Eligible
(Combined Assets)
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$394,500
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$605,000
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Allowances, Austudy, Parenting Payment and Special Benefit are not payable if assets exceed these amounts.
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Limits - 1 July 2018 to 30 June 2019
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Family Situation
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For Homeowners
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For Non-Homeowners
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Single
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$258,500
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$465,500
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Couple
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$387,500
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$594,500
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Illness Separated
(Couple Combined)
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$387,500
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$594,500
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One Partner Eligible
(Combined Assets)
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$387,500
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$594,500
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Allowances, Austudy, Parenting Payment and Special Benefit are not payable if assets exceed these amounts.
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Limits - 1 July 2017 to 30 June 2018
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Family Situation
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For Homeowners
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For Non-Homeowners
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Single
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$253,750
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$456,750
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Couple
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$380,500
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$583,500
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Illness Separated
(Couple Combined)
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$380,500
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$583,500
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One Partner Eligible
(Combined Assets)
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$380,500
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$583,500
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Allowances, Austudy, Parenting Payment and Special Benefit are not payable if assets exceed these amounts.
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Limits - 1 January 2017 to 30 June 2017
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Family Situation
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For Homeowners
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For Non-Homeowners
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Single
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$250,000
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$450,000
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Couple
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$375,000
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$575,000
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Illness Separated
(Couple Combined)
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$375,000
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$575,000
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One Partner Eligible
(Combined Assets)
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$375,000
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$575,000
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Allowances, Austudy, Parenting Payment and Special Benefit are not payable if assets exceed these amounts.
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Limits - 1 July 2014 to 31 December 2016
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Family Situation
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For Homeowners
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For Non-Homeowners
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Single
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$202,000
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$348,500
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Couple
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$286,500
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$433,000
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Illness Separated
(Couple Combined)
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$286,500
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$433,000
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One Partner Eligible
(Combined Assets)
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$286,500
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$433,000
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Allowances, Austudy, Parenting Payment and Special Benefit are not payable if assets exceed these amounts.
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Links to expert information on Centrelink Assets Test Limits
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This page was last edited on 9 June 2021
Fdbco.au - An Online Quick Reference Library for Tax Agents and Financial Planners
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