Assessing income for Farm Household Allowance (FHA) 002-20102102

Policy

Links to the Farm Household Allowance Guidelines go to pdf and docx documents. Select the document and go to the reference(s) below.

Farm Household Allowance and financial assessment guidelines

• 15, Income test
• 16, Deemed income from financial assets
• 17, Assessment of business income
• 18, Income offset

Social Security Guide, 4, Income & assets

Legislation

Links to the Federal Register of Legislation site go to a 'Series' page. Select the 'Latest' version.

Farm Household Support Amendment (Relief Measures) Act (No 1) 2019

Income

Farm Household Support Act 2014

• section 66, Deemed income from financial assets
• section 67, Allowable deductions from ordinary income
• section 68, Determination of rate may be based on estimate

Farm Household Support Minister's Rules 2024

• Section 6, Purpose of this Part - Part 2
• Section 7, Overall operating losses to be used to reduce ordinary income
• Section 8, Limits on using the overall operating loss to reduce ordinary income

Farm Household Support Minister's Rule 2014

Farm Household Support Amendment Act 2019

• modifies section 67 of the Farm Household Support Act 2014

Farm Household Support Amendment (Relief Measures) Act (No. 1) 2019

• modifies section 67 of the Farm Household Support Act 2014

Social Security (Exempt Lump Sum) (Emergency Water Infrastructure Rebate) (Agriculture) Determination 2014

• Exempts income from Emergency Water Infrastructure Rebate grants