Sloane is aged 67, single, and is an Australian resident (she was born here). Sloane is...
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Sloane is aged 67, single, and is an Australian resident (she was born here). Sloane is currently applying for the age pension and has already provided you with detailed information to enable you to calculate the following: For the asset test, her assessable assets total $320,000. For the income test, her financial assets (or financial investments) total $270,000. Sloane also advises you that she is currently renting and does not own any property. She is also working part-time and earns $22,000 a year. Sloane's fortnightly age pension entitlement under the asset test would be: Sloane is aged 67, single, and is an Australian resident (she was born here). Sloane is currently applying for the age pension and has already provided you with detailed information to enable you to calculate the following: For the asset test, her assessable assets total $320,000. For the income test, her financial assets (or financial investments) total $270,000. Sloane also advises you that she is currently renting and does not own any property. She is also working part-time and earns $22,000 a year. Sloane's fortnightly age pension entitlement under the asset test would be:
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Based on the information provided For the asset test Sloanes assessable assets total 320000 ... View the full answer
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date:
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