Assessing income for Farm Household Allowance (FHA) 002-20102102
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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
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
- Repealed. In force from 1 July 2014 to 24 September 2024
- Exempts income from Emergency Water Infrastructure Rebate grants
Social Security (Exempt Lump Sum – General) (Agriculture) Determination 2020
Legislative instrument (29 June 2020) - amounts paid from a government entity or charity are determined to be an exempt lump sum where they are received by a customer or farm enterprise for certain purposes.