Where to post enquiry about effect of asset sale on pension rate?
Hello, am new to posting so apologies for incorrect procedure.
I have a boat with "current market value" of $18000 in my Income and Assets schedule. There has been an enquiry about my possible wish to sell and pricing.
I am aware I would need to notify DHS of any sale and the price received.
My queries are, 1. what immediate effect would a sale for $10000 have on my pension rate? 2. How long, if at all, would the change last, or 3. would it be permanent?
Have searched everywhere that I can think of and have not been able to find the answers. Thanks greatly for any responses.