Hi , our assurer is retired. He has the last two years tax papers
covered and money in the bank (equivalent to years income +) but will
that be sufficient instead of having a job?
Thanks
HH
stevereed - 30 Sep 2005 11:28 GMT
> Hi , our assurer is retired. He has the last two years tax papers
> covered and money in the bank (equivalent to years income +) but will
> that be sufficient instead of having a job?
> Thanks
> HH
For the AoS interview you need to provide current salary info, in the
form of wage slips or employers letter as well as historical tax returns
for the previous 2 years. I think that is specified in the AoS
documentation available ffrom Centrelink.

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Steve Reed
JAJ - 30 Sep 2005 11:39 GMT
> Hi , our assurer is retired. He has the last two years tax papers
> covered and money in the bank (equivalent to years income +) but will
> that be sufficient instead of having a job?
> Thanks
> HH
1. Centrelink will look at *taxable* income.
2. Is his future income going to be above the limits (ie has he
just retired?)
You may need professional advice from an agent familiar with the
AOS rules.
Jeremy

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