Irregular or intermittent business activity 043-03130080
This document outlines information on the assessment of business income for a customer when they advise they are undertaking a business enterprise on an irregular or intermittent basis. In this case, the method of assessment of the current rate of income from the business will be dependent upon how long the business has been operating and whether a pattern of business activity has been established.
Assessment of income from an intermittent business
Step |
Action |
1 |
Customer advises they are undertaking a business enterprise on an irregular or intermittent basis + Read more ... Make appointment for customer at their local service centre to discuss their new situation or to lodge documents which support their advice. Procedure ends here. |
2 |
Customer is claiming or receiving JobSeeker Payment or Youth Allowance (job seeker) + Read more ... If the customer is claiming or receiving JobSeeker Payment or Youth Allowance (job seeker), ensure the customer is able to satisfy their mutual obligation requirements. For more information, see Eligibility for JobSeeker Payment (JSP) and Youth Allowance (job seeker) when self-employed. Has the business been operating for less than 12 months?
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3 |
Has the current business activity changed from the previous pattern of work? + Read more ...
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4 |
Change in previous pattern + Read more ... A revised profit and loss statement which incorporates the effect of the change to the business and reflects the current financial position of the business will be required. See Steps to assess an interim profit and loss statement. For assessing information, see Assessment of income and assets from business structures for Centrelink payments. |