The Guides to Social Policy Law is a collection of publications designed to assist decision makers administering social policy law. The information contained in this publication is intended only as a guide to relevant legislation/policy. The information is accurate as at the date listed at the bottom of the page, but may be subject to change. To discuss individual circumstances please contact Services Australia.

1.1.T.103 Total net investment loss (CSHC)

Definition

For the purposes of CSHC, a person's total net investment loss is the sum of their net loss from financial investments and rental property.

The amount of total net investment loss is treated by the ATO as a deduction from a person's other assessable income in deriving their taxable income. This is not the case within the social security system.

In determining an individual's total net investment loss, the amount of the deductions are those allowed by the ATO.

Act reference: SSAct section 1071 Seniors Health Card Income Test Calculator

Last reviewed: 7 November 2022

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