Will a one off $5600 share payment affect my Widow's Allowance?
I'm about to receive approx $5,600.00 from a share payment. I'm on a 'Widow's Allowance' of approx $450.00 per fortnight. Will the share payment to me affect my allowance payment?
A. Provided by Centrelink
Gael, whether your Widow’s Allowance is affected depends on the other income and assets which you may have. Widow Allowance is an income and asset tested payment, which means changes in your income or assets may affect your rate of payment. You can find out about the income test for allowances on Centrelink website.
It's important for you to let Centrelink know as soon as possible about any changes in your circumstances and you can do this by contacting a Centrelink Financial Information Services officer on 13 2300.
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