Work goals

[kevino]

Originally Posted by car10002

how do you go reporting to centrelink if you work for yourself part time, is it the same as working for someone else where you can earn so much but must be reported.

I do some gig delivery work on an abn and get a part pension -wife works so its about 40 per cent of the normal pension.

I dont make a lot of money on the gig work as the rates are low -enough to balance the budget put aside money for holidays etc.

Each 13 week period I report to Centrelink net profit with costs. So this year I can earn $11800 without it affecting the pension.

The form you use is a SU580 profit and loss statement. Youc an download it from the services australia website.

I dont use a bookkeeper -just do it myself.

At the end of each tax year you do have to lodge a tax declaration through a tax agent-expensive sadly.