+ Reply to Thread
Results 1 to 3 of 3
  1. #1
    Join Date
    Jul 2011
    Posts
    3,525
    Thanks
    1,890
    Thanked
    2,539
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts

    Default Financial assistance for single parents on centrelink benefits...?

    Does anyone know if there is any financial assistance for single parents on centrelink benefits for starting a small business?

    I have had a look on the internet but can't find anything specific apart from help with start-up advice and resources... but I had heard centrelink offered financial assistance...? Perhaps they used to but don't anymore.

  2. #2
    Join Date
    Oct 2010
    Posts
    2,129
    Thanks
    5,088
    Thanked
    1,220
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Interesting question, bumping for you.

  3. #3
    Join Date
    Nov 2011
    Location
    Adelaide foothills
    Posts
    753
    Thanks
    462
    Thanked
    426
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    Does anyone know if there is any financial assistance for single parents on centrelink benefits for starting a small business?
    Hi. I've researched this as I was hoping I could set up a business when I leave work to stay at home to raise my kids without going into debt.

    The answer to your question is yes and no.

    Centrelink does provide people with assistance to start a business under its New Enterprise Initiative Scheme (NEIS) programme but only if you are seeking work. It doesn't matter if you are single or married. You get to complete a Certificate IV in Small Business Management while you're on the programme.

    If you start up a sole trader business while receiving benefits (ie Parenting Payment), you have to submit a Profit & Loss Sheet and declare any income made from your venture as though you would employment. Company structures undergo a different and more detailed type of scrutiny. To cut a long story short, it's a minefield and a headache and it's too depressing to detail.

    But if you go into your Centrelink office and request to speak to a 'special considerations' officer or one who deals with busineses then someone will be able to fill you in.


 

Similar Threads

  1. Any financial Assistance for Homeschooling?
    By SimplyMum in forum Home Schooling
    Replies: 10
    Last Post: 15-10-2012, 19:45
  2. Single parents of 1 child financial advice please.
    By AndrewTheEmu in forum Single Parents
    Replies: 43
    Last Post: 30-07-2012, 15:50
  3. Centrelink Payments.- SINGLE PARENTS SECTION
    By Ms Mummy in forum Single Parents
    Replies: 13
    Last Post: 16-06-2012, 18:56

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
sales & new stuffsee all
Melbourne Natural Medicine Clinic
Specialist Naturopathy, Chiropractic & Massage Melbourne Natural Medicine Clinic
Leading natural health practitioners in fertility, preconception, pregnancy, and children's health. We take an integrative approach all health professionals and offer diagnostic testing and natural treatment options suitable for the whole family.
featured supporter
Melbourne Natural Medicine Clinic
Leading natural health practitioners in fertility, preconception, pregnancy, and children's health. We take an integrative approach all health professionals and offer diagnostic testing and natural treatment options suitable for the whole family.
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!