Foreign income and assets 108-05020050
Employment income from overseas- examples of the 28 Day notification rule
Item |
Description |
1 |
Example 1 + Read more ... On 23 February, Colin starts work in England and is paid his first pay of 300 pounds on 3 March. Colin is aware of the need to advise this within 28 days. Colin waits to receive his payslip and contacts Services Australia on 23 March to report his income, for his employer pay period of 1 February to 28 February. The 300 pounds is recorded on the Foreign Employment Income Paid (FEIP) screen with the frequency LOP, with a start date 1 February and end date 28 February. This income will be assessed and apportioned for 28 days from the entitlement period start date of 22 February. |
2 |
Example 2 + Read more ... On 2 April, Colin receives a payslip for 1 to 31 March, which shows employment income of 1500 pounds. Colin notifies this employment income on 9 April that is, within 28 days of being paid (on 2 April). This is recorded on the FEIP screen with the frequency LOP, with a start date 1 March and end date 31 March. This income will be assessed and apportioned for 31 days from the entitlement period start date of 2 April. |
3 |
Example 3 + Read more ... Colin is advised he will now be on a fixed annual salary of 19,200 pounds, where he will be paid the same amount on the 2nd of every month. On 3 May, Colin receives a payslip which shows he has been paid 1600 pounds on the 2nd of May. Colin notifies this change in income on 27 May that is, within 28 days of becoming aware on 3 May. As Colin is a single pensioner and will be paid the same amount of employment income on the 2nd of every month 1,600 pounds is recorded on the FEIP screen with the frequency of MTE and DOV of 3 May. |