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Assessing income and assets for ministers of religion 108-04050000

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This page has an example of typical expenses a minister of religion might outline on a profit and loss statement when claiming an income support payment.

Example

Examples of expenses incurred on a profit and loss statement

This table describes an example of expenses a minister of religion might outline on a profit and loss statement and the amount Centrelink would use to assess payability of a payment.

Expense

Total

Personal

Ministry

Car Lease

$5,000

$2,500

$2,500

Mortgage

$10,000

$10,000

Phone bill

$2,000

$1,000

$1,000

Utilities

$1,000

$500

$500

Food/General

$2,000

$2,000

Petrol and car

$2,000

$1,000

$1,000

Other

$2,000

$1,000

$1,000

Total

$24,000

$18,000

$6,000

In this example Centrelink would use the amount of $18,000 to assess payability of an income support payment.