I am receiving Austudy as I am a full time student, so I don't hand in any forms etc, but I am aware that if I earn income I have to declare it, but what about gifts.. Like from family etc??
it's better to get someone to pay a bill or whatever than to actually receive the payment yourself - if you get the money and it goes in the bank for any period of time, you should be declaring that it is sitting there as the income from INTEREST (not the primary amount unless it's over a certain amount) is counted. so, if for instance, your parents gave you 10000 and you left it sitting in the bank, you would need to declare that it's there so that the interest earned could be classified as income. if however, your parents paid 10000 worth of bills or purchased items for you, then you wouldn't need to declare the money (you'd just need to check that you have declared enough for the value of your assets) - does that all make sense?
vouchers are a better idea. then it's not sitting in your bank. it's highly unlikely anything would happen but if you're "gifted" vouchers, nothing can be said
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