Australian Politics Forum - Lotto Winner Loses Access To Pension

John Smith

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Re: Lotto Winner Loses Access To Pension
Reply #225 - Dec 31^st, 2023 at 4:53pm

MeisterEckhart wrote on Dec 31^st, 2023 at 3:45pm:

John Smith wrote on Dec 31^st, 2023 at 3:28pm:

Report what you idiot? That they paid cash? Cash is still legal in this country you dumbarse. If you rang the ato to report someone using cash they'd probably investigate you for mental illness

Paying in cash is not illegal, (even if banks and governments are doing what they can to deter and disrupt cash transactions).

However, the receiving of cash for goods and services, where the transaction details are not recorded or declared, is tax evasion.

Great, prove it's not recorded. The tax office doesn't care how you get paid or how you record it. They just care that you pay your tax on it.

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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John Smith

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Re: Lotto Winner Loses Access To Pension
Reply #226 - Dec 31^st, 2023 at 4:55pm

greggerypeccary wrote on Dec 31^st, 2023 at 4:53pm:

UnSubRocky wrote on Dec 31^st, 2023 at 4:51pm:

greggerypeccary wrote on Dec 31^st, 2023 at 12:21pm:

MeisterEckhart wrote on Dec 31^st, 2023 at 12:19pm:

greggerypeccary wrote on Dec 31^st, 2023 at 12:14pm:

MeisterEckhart wrote on Dec 31^st, 2023 at 12:12pm:

greggerypeccary wrote on Dec 31^st, 2023 at 12:03pm:

MeisterEckhart wrote on Dec 31^st, 2023 at 12:01pm:

greggerypeccary wrote on Dec 31^st, 2023 at 11:59am:

MeisterEckhart wrote on Dec 31^st, 2023 at 11:56am:

greggerypeccary wrote on Dec 31^st, 2023 at 11:52am:

My mother keeps about $40,000 - $50,000 cash on hand for shopping and other day to day expenses so, if she was applying for the pension today (and filling in that form), she wouldn't have to declare that money.

They tell her specifically NOT to.

Now you're heading towards reality and what Centrelink determines is a reasonable amount of cash on hand for shopping and other day-to-day expenses.

And that amount is ... ???

Whatever Centrelink determines it is.

If they find out you have $50K and decide that is unreasonable, they could withhold your pension and leave it to you to explain.

You really aren't paying attention.

The form specifically says: "Do NOT include cash you have for shopping and other day to day expenses".

So how would they find out how much cash anyone has on hand?

Are we back to the "Midnight Mattress Squad"?

You have no idea of the latitude that is given, under acts and regulations, to administrative departments.

How Centrelink comes to know about your cash holdings is one thing...

And that was the question.

So ... ???

Moreover, spending $50,000 a year on shopping and day to day expenses seems quite conservative.

I'm quite sure that I spend much more than that.

Are you eating Russian caviar, and buying/selling cars for cash?

$961 a week for shopping and day to day expenses is not extravagant.

Not even close.

Rent alone will set someone back at least $400.

$125/week in rent. ...

Do you live in 1986?

He lives in a house his parents own and rent to him discounted. If unsub ever had to fend for himself he'd struggle

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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Setanta

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Re: Lotto Winner Loses Access To Pension
Reply #227 - Dec 31^st, 2023 at 4:59pm

greggerypeccary wrote on Dec 31^st, 2023 at 11:07am:

Which section on the official Centrelink assets form, to be signed by the applicant, asks for cash to be declared?

https://www.servicesaustralia.gov.au/sites/default/files/2023-07/sa369-2307en-f....

Just give us the number.

Quote:

Assets - 36

What is your estimate of the current market value of your
(and/or your partner’s) household contents and personal
effects?

Quote:

Help sheet for assets
Help For Income and Assets
Make a claim help index
Banks, building societies or credit unions
Cash on hand

Cash on hand is an asset.

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greggerypeccary

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Re: Lotto Winner Loses Access To Pension
Reply #228 - Dec 31^st, 2023 at 5:01pm

Setanta wrote on Dec 31^st, 2023 at 4:59pm:

greggerypeccary wrote on Dec 31^st, 2023 at 11:07am:

Which section on the official Centrelink assets form, to be signed by the applicant, asks for cash to be declared?

https://www.servicesaustralia.gov.au/sites/default/files/2023-07/sa369-2307en-f....

Just give us the number.

Quote:

Assets - 36

What is your estimate of the current market value of your
(and/or your partner’s) household contents and personal
effects?

Quote:

Help sheet for assets
Help For Income and Assets
Make a claim help index
Banks, building societies or credit unions
Cash on hand

Cash on hand is an asset.

"This does not include money in your bank accounts or cash held to meet day-to-day expenses and to pay outstanding bills."

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Bobby.

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Re: Lotto Winner Loses Access To Pension
Reply #229 - Dec 31^st, 2023 at 5:01pm

Setanta wrote on Dec 31^st, 2023 at 4:59pm:

greggerypeccary wrote on Dec 31^st, 2023 at 11:07am:

Which section on the official Centrelink assets form, to be signed by the applicant, asks for cash to be declared?

https://www.servicesaustralia.gov.au/sites/default/files/2023-07/sa369-2307en-f....

Just give us the number.

Quote:

Assets - 36

What is your estimate of the current market value of your
(and/or your partner’s) household contents and personal
effects?

Quote:

Help sheet for assets
Help For Income and Assets
Make a claim help index
Banks, building societies or credit unions
Cash on hand

Cash on hand is an asset.

Posters have been trying to tell Greggy that all day. Roll Eyes

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greggerypeccary

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Re: Lotto Winner Loses Access To Pension
Reply #230 - Dec 31^st, 2023 at 5:02pm

Bobby. wrote on Dec 31^st, 2023 at 5:01pm:

Setanta wrote on Dec 31^st, 2023 at 4:59pm:

greggerypeccary wrote on Dec 31^st, 2023 at 11:07am:

Which section on the official Centrelink assets form, to be signed by the applicant, asks for cash to be declared?

https://www.servicesaustralia.gov.au/sites/default/files/2023-07/sa369-2307en-f....

Just give us the number.

Quote:

Assets - 36

What is your estimate of the current market value of your
(and/or your partner’s) household contents and personal
effects?

Quote:

Help sheet for assets
Help For Income and Assets
Make a claim help index
Banks, building societies or credit unions
Cash on hand

Cash on hand is an asset.

Posters have been trying to tell Greggy that all day. Roll Eyes

From Set's link:

"This does not
include money in your bank accounts or cash held to meet day-to-day expenses and to pay outstanding bills."

Again:

"This does not include money in your bank accounts or cash held to meet day-to-day expenses and to pay outstanding bills."

Is English your first language?

Do you understand what "not" means?

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Bobby. Gold Member Offline Australian Politics Posts: 120602 Melbourne Gender:	Re: Lotto Winner Loses Access To Pension Reply #231 - Dec 31^st, 2023 at 5:05pm Quote: Is English your first language? me no speaky English but know how to fill out Centrelink form.
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greggerypeccary Gold Member Online Australian Politics Posts: 153780 Gender:	Re: Lotto Winner Loses Access To Pension Reply #232 - Dec 31^st, 2023 at 5:06pm Bobby. wrote on Dec 31^st, 2023 at 5:05pm: Quote: Is English your first language? me no speaky English but know how to fill out Centrelink form. Could not be clearer: This does not* include money in your bank accounts or cash held to meet day-to-day expenses and to pay outstanding bills.*
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aquascoot

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Re: Lotto Winner Loses Access To Pension
Reply #233 - Dec 31^st, 2023 at 5:11pm

John Smith wrote on Dec 31^st, 2023 at 4:53pm:

MeisterEckhart wrote on Dec 31^st, 2023 at 3:45pm:

John Smith wrote on Dec 31^st, 2023 at 3:28pm:

Report what you idiot? That they paid cash? Cash is still legal in this country you dumbarse. If you rang the ato to report someone using cash they'd probably investigate you for mental illness

Paying in cash is not illegal, (even if banks and governments are doing what they can to deter and disrupt cash transactions).

However, the receiving of cash for goods and services, where the transaction details are not recorded or declared, is tax evasion.

Great, prove it's not recorded. The tax office doesn't care how you get paid or how you record it. They just care that you pay your tax on it.

now i KNOW youve never run a business Grin

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Setanta

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Re: Lotto Winner Loses Access To Pension
Reply #234 - Dec 31^st, 2023 at 5:17pm

greggerypeccary wrote on Dec 31^st, 2023 at 5:01pm:

Setanta wrote on Dec 31^st, 2023 at 4:59pm:

greggerypeccary wrote on Dec 31^st, 2023 at 11:07am:

Which section on the official Centrelink assets form, to be signed by the applicant, asks for cash to be declared?

https://www.servicesaustralia.gov.au/sites/default/files/2023-07/sa369-2307en-f....

Just give us the number.

Quote:

Assets - 36

What is your estimate of the current market value of your
(and/or your partner’s) household contents and personal
effects?

Quote:

Help sheet for assets
Help For Income and Assets
Make a claim help index
Banks, building societies or credit unions
Cash on hand

Cash on hand is an asset.

"This does not include money in your bank accounts or cash held to meet day-to-day expenses and to pay outstanding bills."

Your bank contents are addressed elsewhere and a few grand in day to day expenses or outstanding bills does not include mattresses stuffed with cash. You know this. Having a house or a house worth of money is no different, it's an asset. Number 36.

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greggerypeccary

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Re: Lotto Winner Loses Access To Pension
Reply #235 - Dec 31^st, 2023 at 5:17pm

Bobby. wrote on Dec 31^st, 2023 at 5:01pm:

Setanta wrote on Dec 31^st, 2023 at 4:59pm:

greggerypeccary wrote on Dec 31^st, 2023 at 11:07am:

Which section on the official Centrelink assets form, to be signed by the applicant, asks for cash to be declared?

https://www.servicesaustralia.gov.au/sites/default/files/2023-07/sa369-2307en-f....

Just give us the number.

Quote:

Assets - 36

What is your estimate of the current market value of your
(and/or your partner’s) household contents and personal
effects?

Quote:

Help sheet for assets
Help For Income and Assets
Make a claim help index
Banks, building societies or credit unions
Cash on hand

Cash on hand is an asset.

Posters have been trying to tell Greggy that all day. Roll Eyes

I've been telling you this all day:

"Cash on hand

"Enter the amount of cash you have on hand. This does not include money in your bank accounts or cash held to meet day-to-day expenses and to pay outstanding bills. Enter the amount in whole dollars without any cents. For example, an amount of $100.25 can be entered as $100"

How long will it take to sink in?

If grandpa needs $200,000 cash under his mattress to pay for his day-to-day expenses of hookers & blow, or to pay his outstanding bar tab, he does not need to declare it to Centrelink.

They specifically state this:

"This does not include money in your bank accounts or cash held to meet day-to-day expenses and to pay outstanding bills."

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greggerypeccary

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Re: Lotto Winner Loses Access To Pension
Reply #236 - Dec 31^st, 2023 at 5:18pm

Setanta wrote on Dec 31^st, 2023 at 5:17pm:

greggerypeccary wrote on Dec 31^st, 2023 at 5:01pm:

Setanta wrote on Dec 31^st, 2023 at 4:59pm:

greggerypeccary wrote on Dec 31^st, 2023 at 11:07am:

Which section on the official Centrelink assets form, to be signed by the applicant, asks for cash to be declared?

https://www.servicesaustralia.gov.au/sites/default/files/2023-07/sa369-2307en-f....

Just give us the number.

Quote:

Assets - 36

What is your estimate of the current market value of your
(and/or your partner’s) household contents and personal
effects?

Quote:

Help sheet for assets
Help For Income and Assets
Make a claim help index
Banks, building societies or credit unions
Cash on hand

Cash on hand is an asset.

"This does not include money in your bank accounts or cash held to meet day-to-day expenses and to pay outstanding bills."

Your bank contents are addressed elsewhere ...

Yes.

Nobody suggested anything to the contrary.

That money must be declared.

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greggerypeccary

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Re: Lotto Winner Loses Access To Pension
Reply #237 - Dec 31^st, 2023 at 5:22pm

Setanta wrote on Dec 31^st, 2023 at 5:17pm:

greggerypeccary wrote on Dec 31^st, 2023 at 5:01pm:

Setanta wrote on Dec 31^st, 2023 at 4:59pm:

greggerypeccary wrote on Dec 31^st, 2023 at 11:07am:

Which section on the official Centrelink assets form, to be signed by the applicant, asks for cash to be declared?

https://www.servicesaustralia.gov.au/sites/default/files/2023-07/sa369-2307en-f....

Just give us the number.

Quote:

Assets - 36

What is your estimate of the current market value of your
(and/or your partner’s) household contents and personal
effects?

Quote:

Help sheet for assets
Help For Income and Assets
Make a claim help index
Banks, building societies or credit unions
Cash on hand

Cash on hand is an asset.

"This does not include money in your bank accounts or cash held to meet day-to-day expenses and to pay outstanding bills."

... a few grand in day to day expenses or outstanding bills does not include mattresses stuffed with cash. ...

Says who? Show us where Centrelink, or anyone else in authority/government, says that by law a mattress can't be stuffed with $500,000.

If the average pensioner is going to live for another 16 years, how is $100,000 unreasonable.

That's $120 a week to cover day to day expenses and outstanding bills.

Not much.

"This does not include money in your bank accounts or cash held to meet day-to-day expenses and to pay outstanding bills."

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aquascoot

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Re: Lotto Winner Loses Access To Pension
Reply #238 - Dec 31^st, 2023 at 5:24pm

greggerypeccary wrote on Dec 31^st, 2023 at 5:06pm:

Bobby. wrote on Dec 31^st, 2023 at 5:05pm:

Quote:

Is English your first language?

me no speaky English but
know how to fill out Centrelink form. Wink