Work Bonus Calculator
See how much of your employment income the Age Pension Work Bonus shields from the income test in Australia.
The first $300/fortnight of employment income is excluded from the income test, with unused amounts banking up. Income above that counts toward the test, reduced by anything left in your income bank.
- ✓First $300/fortnight of work income excluded
- ✓Unused bonus banks up (income bank)
How we estimate this
The Work Bonus lets Age Pensioners earn employment income without it fully counting in the income test. The first $300 per fortnight is excluded, and any unused amount accrues in an income bank (which has been boosted in recent years), letting you offset larger one-off earnings.
Pricing reviewed: June 2026.
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Understanding work bonuss in Australia
The Work Bonus lets Age Pensioners earn employment income without it fully counting in the income test. The first $300 per fortnight is excluded, and any unused amount accrues in an income bank (which has been boosted in recent years), letting you offset larger one-off earnings.
It’s designed to encourage pensioners to keep working part-time. It applies to employment and some self-employment income, not investment income.
Frequently asked questions
How does the Work Bonus work?
It excludes the first $300/fortnight of employment income from the Age Pension income test, with unused amounts banking up to offset future earnings.
Does it apply to investment income?
No, the Work Bonus is for employment and certain self-employment income, not investments or deemed income.
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