Carer Payment and Carer Allowance are two forms of government financial support for those who provide care to people with disability or medical conditions. Both forms of support provide important assistance to carers, but there are important differences between the two. This article will explain the differences between Carer Payment and Carer Allowance.
What is Carer Payment?
Carer Payment is a fortnightly income support payment for people who provide full-time care for someone with a disability or medical condition. To be eligible for Carer Payment, the carer must be providing full-time care for the person receiving the care and they must meet certain income and assets tests. Carer Payment can be paid to one or two people in a couple, and it is taxable.
What is Carer Allowance?
Carer Allowance is a supplementary payment for people who provide care for someone with a disability or medical condition. It is a non-taxable payment and it is paid fortnightly. To be eligible for Carer Allowance, the carer must provide regular care for the person receiving the care, and they must meet certain income and assets tests. Carer Allowance can be paid to one or two people in a couple.
Carer Payment and Carer Allowance are two important forms of government financial support for carers. While both forms of support provide important assistance to carers, there are important differences between the two. Carer Payment is a taxable income support payment for full-time carers, while Carer Allowance is a non-taxable supplementary payment for regular carers. It is important for carers to understand the differences between the two payments, in order to ensure that they are receiving the correct form of support.
