Unsure if this is the right place to ask this but I can't find information on it.
I'm currently living with my folks, will be paying board, will be telling centrelink. Will my folks get charged taxes on this?
Unsure if this is the right place to ask this but I can't find information on it.
I'm currently living with my folks, will be paying board, will be telling centrelink. Will my folks get charged taxes on this?
By using this site you agree to our terms. View the Privacy Policy.
3 Replies
Nope, it's not a business enterprise it's just you paying your way.
Payments from a family member for board or lodging are considered to be domestic arrangements and are not assessable income. This is from the ATO website.
I just told centrelink I was living rent free with my mum. That was the end of it. I didn't tell them how much board I'm paying.