Custodial parents and PCC

Duplicate PCC to custodial parents

Applications for a duplicate card are accepted from a custodial parent or couple only. No applications are to be accepted from non-custodial parents. The duplicate card is issued to the custodial parent who can then pass the card to the non-custodial parent. The issue of a duplicate card follows the Department's policy that any medical or pharmaceutical concessions for which the children are eligible should continue to be available to them during these absences.

Assessment of Farm Income

VEA→

Usual assessment methods would have applied

Income from a farming business would have been determined using the same assessment methods used when determining income for income test purposes.

Sole trader

Where the farm business was run by the farmer as a sole trader, farm income included the net profit or loss made in each year. The net profit would have been adjusted for any tax deductions claimed that were not allowable reductions from business income.

Assessment of Farm Value

How the value of the farm enterprise was assessed

All primary production assets and liabilities were aggregated in order to calculate the net value of the [glossary:farm enterprise:219]. This included the net value of the:

  • house and other buildings,
  • land,
  • capital improvement,
  • machinery,
  • plant and livestock etc.
Example assessment of farm value

If a farmer owned a $700,000 farm with a $250,000 mortgage, for the purposes of RAFS, the value of the farm was $450,000.