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Age pension eligibility

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I'm new

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Hi all,
My mum will be eligible for the age pension in 7 years. She hasn't worked for a few years already (living off savings). She lives in our investment property. Will it make a difference whether or not she pays 'rent/room and board' to us, or if she lives there rent free? She has no assets except for an old car. She also doesn't have much in the way of super.
Thank you
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Most helpful response

Taxicorn

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From a tax point of view no for her.

 

From an age pension point of view, I doubt it but you would need to ring Centrelink.

Maybe there is rental assistance?

 

For you, yes it will make a difference regarding your investment property.

 

1 REPLY 1

Most helpful response

Taxicorn

Replies 0

From a tax point of view no for her.

 

From an age pension point of view, I doubt it but you would need to ring Centrelink.

Maybe there is rental assistance?

 

For you, yes it will make a difference regarding your investment property.