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  1. Policy

Policy

5.4.4 Payment of Home Equity Access Scheme

This section explains the policy for calculating the amount of the Home Equity Access Scheme loan, paying the fortnightly amounts, paying lump sum payments and managing the ongoing rates of the loan payments.


 

 

Read more about 5.4.4 Payment of Home Equity Access Scheme

5.2.3 Determining if a Residence is a Remote Area

Last amended: 20 March 2013

Residence is in a remote area

For determining whether a person's usual place of residence is in a remote area, most cases should be resolved through reference to the database on the ATO web site.     

More →

Read more about 5.2.3 Determining if a Residence is a Remote Area

5.12.1 Overview of Pension Supplement

Last amended: 1 July 2010

What is pension supplement?

    

VEA →

Section 5GA of the VEA

VEA → (go back)

Read more about 5.12.1 Overview of Pension Supplement

Impact of Home Equity Access Scheme on Other Entitlements

Effect on other entitlements

    

VEA ?

 

Section 52ZB(3) VEA

 

VEA ? (go back)

 

Read more about Impact of Home Equity Access Scheme on Other Entitlements

Assessment of Non-Sugarcane Farm Income

Last amended: 18 August 2014

Assess actual income not deemed income

    

VEA →

Person's ordinary income from all sources other than farming

Section 49Y(2) VEA

Read more about Assessment of Non-Sugarcane Farm Income

Record Keeping Requirements for Pension Bonus Scheme Members

Passing the work test

    

VEA →

Section 45UA VEA

VEA → (go back)

In order to pass the work test, a member must meet the following requirements:

Read more about Record Keeping Requirements for Pension Bonus Scheme Members

Application for Home Equity Access Scheme

Applicants for Home Equity Access Scheme

Applicants usually fall into four groups:

Read more about Application for Home Equity Access Scheme

Application of the Sugarcane Farmers' Income Test

Basic principle of the test

    

VEA →

How to work out whether the sugarcane farmers' income test is satisfied

Section 49Y(1) VEA

Person's maximum basic rate for age service pension

Read more about Application of the Sugarcane Farmers' Income Test

DFISA Calculation and Compensation Recovery Rules (ceased 2022)

DFISA was removed 1 January 2022.  This is for historical reference only.   

VEA →

 

Rate of DFISA

Section 118NC(2) VEA

 

VEA → (go back)

 

Read more about DFISA Calculation and Compensation Recovery Rules (ceased 2022)

Retaining a Life Interest

VEA→

Life interest in house and curtilage could be retained

Where the farmer retained a life interest in the dwelling house on the [glossary:farm:68], and any surrounding land of up to 2 hectares (ie curtilage), the farmer was treated as a homeowner.    

More →

Read more about Retaining a Life Interest

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Information provided on this website is prepared by the Department of Veterans’ Affairs (DVA) for general information only and does not provide professional advice on a particular matter. This information reflects policy made by DVA and is used in the assessment of claims. It does not reflect the views or opinions of any other government body or authority.

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