Tag Archives: Deeming Rates

Changes to Social Security Deeming Rates

August 16, 2019

Eligibility to income support payments and government concession cards are affected when the income you receive is above the allowable income limit. Some assets, called ‘financial investments’, are deemed to earn income regardless of the income they are actually earning. On 14 July 2019, the Government issued a media release about changes to deeming rates. The lower […]