Income - general definition
Provides the definition of income.
Income is any money you or your partner get from any source, taxable or non-taxable. This could include, but is not limited to, wages, salary, termination payment, bonus pay, holiday pay, child support, maintenance payments, paid parental leave, interest from savings and investments, dividends from shares, income from a family trust, farm or business, income from boarders or rent, superannuation, overseas benefits and pensions, weekly accident insurance payments, some scholarships, any indirect monetary benefits you get such as free board or shares in a business, and any other income that you have or may deprive yourself of.
Note: for Temporary Additional Support assistance the following are also considered income: Student Allowances, the Living Costs component of the Student Loan, Working for Families tax credits, all Work and Income benefits except Unsupported Childs Benefit and Orphans Benefit.
