Transfers in and out
A transfer in or out changes the number of shares held and the total the form asks for. A transfer for nothing in return, or for less than the shares were worth, is a gift under the gifting rules. Two different rules then apply: the Guide lists gifting more than $2,000 worth of assets in an income year as an event to notify within 14 days, and separately the gifting free area sets how much can be given away before the gift counts in the income and assets tests. The free-area amounts are not stated here: Services Australia's gifting page names the free area and links to the amounts.
The rule. Report a change in shares within 14 days. Named in the sources: a buy, a sale, bonus shares. Any other change to the total number of shares the form asks for: report or confirm. A price movement is not on the list; listed shares are revalued on 20 March and 20 September. Every rule and its source.
What it takes. Trade lines only: date, code, buy or sell, quantity. Recognised account and holder numbers are removed; nothing leaves your browser until you save.
Who publishes it. The Art of Service, not affiliated with Services Australia; not financial advice. Check a history.
When the checker uses it
Transfer in, transfer out.
The sources, read on 28 Sep 2026
Services Australia: Online account help: update your shares
What we rely on, in our words: Paraphrased: Services Australia asks you to tell it when your circumstances change, including changes to Australian listed shares held by you and your partner. The online form asks whether the shares are listed on an Australian exchange, the ASX code or security code, the total number of shares, your share of ownership and your partner's share, and the purchase, start or acquisition date; removing a holding asks for the date the shares were removed.
Services Australia: Gifting
What we rely on: It's a gift if both of these apply: you sell or transfer an income or asset; you get less than its value or nothing in return. ... Your payment may be affected if you gift more than the value of the gifting free area each year.
Department of Social Services, Guide to Social Security Law: 3.4.1.50 Notification and recipient obligations for Age
What we rely on, in our words: Paraphrased: Age Pension recipients must notify the agency within the 14-day notification period if the recipient or their partner buy or sell shares or managed investments, receive bonus shares, gift more than $2,000 worth of assets in an income year, or sell assets for less than their value. Last reviewed by its publisher: 9 May 2022.
Event classes that carry it
Findings that cite it
- 6. A transfer out with no price recorded