Passing the worker bee test

National Conference 2023

Gainful employment remains a key superannuation concept which applies in a range of different situations, such as from making personal deductible contributions to accessing benefits upon retirement. This session looks at what it means to be gainfully employed and explores the different situations where it’s relevant. Topics covered include:

  • The meaning of gainful employment
  • Being an employee vs being self employed
  • Passive income and gainful employment – are they really mutually exclusive?
  • Peer-to-peer platforms and being self employed
  • Common gainful employment issues and their advice implications.

The contents of this resource are taken to be correct at the time of publication.

Disclaimer: Technical Papers contain general advice only and are prepared without taking into account particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. Before making any decision based on this information, you should assess its relevance to the individual circumstances of your client. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this bulletin is not considered financial product advice for the purposes of the Corporations Act 2001. © SMSF Association