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Steps to making an assessment of a business 043-03060000

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Policy

Social Security Guide 4.2 Means tests and limits

Social Security Guide 4.6.6 Determining the Value of an Asset

Social Security Guide, 4.7 Business Structures, Primary Production and pre-01/01/2002 Assessment of Trusts and Private Companies

Legislation

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Social Security Act 1991

  • Chapter 3, Part 3.18, Means test treatment of private companies & private trusts
  • section 8(1), Income test definitions
  • section 11, Assets test definitions
  • section 1121, Effect of charge or encumbrance on value of assets