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hmmm..... starting to make a bit more sense now - so maybe it is right and they are charging me double! Simply because we have already had the deduction from the ATO...... As you say I dont agree but it is what it is. I will ask Centrelink as they seemed uncertain the reasons when they rang...

Baby Bonus Calcs?? Had a call from Centrelink today re the baby bonus calcs and the following is a rough calculation of what happened (figures changed to make it easier to understand): Gross wages (total): $110k pa Net Rental Property loss $40kpa Taxable Income = $70kpa When we half...

Yes I agree seems strange you add losses onto your earnings to get AI but meh what can you do...... maybe one day they will change it :confused: Thanks for your input guys....

I have been reviewing the Centrelink's determination of assessible income and have looked at the comments on this site in an attempt to simplify my (and others) understanding. Here is a description of inclusions for assessible income for the Income Test for various things such as FTB, baby bonus...