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Mod(IA)CIS-CB.0702 (Page 1 of 27/Strict 1 OD 27) MOD Income and assets / Period I'm moving This form is part of your claim for an Australian payment or will be used to assess your continuing entitlement.
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How to Fill out Income and Assets (Prihodi):

01
Start by gathering all relevant financial documents, such as pay stubs, bank statements, investment statements, and any other proof of income and assets.
02
Begin with the income section. Enter all sources of income, including wages, salaries, self-employment earnings, rental income, Social Security benefits, pensions, and any other income you receive.
03
Specify the amount of income received from each source, whether it is monthly, weekly, or annually. Be accurate and provide supporting documentation when possible.
04
Proceed to the assets section. List all of your assets, including bank accounts, investment accounts, real estate properties, vehicles, valuable items, and any other significant assets you own.
05
Indicate the current value or balance of each asset. For bank accounts or investments, provide the most recent statement balance. If necessary, seek professional appraisal for properties or valuable items.
06
If you have any outstanding debts or liabilities, ensure to include them separately, typically in a liability section. This might encompass mortgages, loans, credit card debts, or any other financial obligations.
07
Complete the form by signing and dating it. Ensure that you have entered all necessary information accurately and truthfully.

Who Needs Income and Assets (Prihodi):

01
Individuals applying for loans or credit: Lenders often require borrowers to disclose their income and assets to evaluate their ability to repay the loan. This information helps lenders assess the risk associated with the loan.
02
Applicants for government assistance programs: Many government assistance programs, such as social welfare or housing assistance, require individuals to provide information about their income and assets to determine eligibility and benefit amounts. This ensures that assistance is provided to those who truly need it.
03
Individuals applying for insurance policies: Insurance providers may ask for income and asset information to assess the policyholder's financial situation and determine appropriate coverage levels. This helps prevent under- or over-insuring individuals.
04
Taxes and financial planning: Income and asset information is crucial for tax purposes, as it determines tax liabilities and eligibility for deductions or credits. Additionally, financial planners use this information to develop comprehensive financial strategies based on an individual's income and assets.
05
Legal proceedings: In certain legal proceedings, such as divorce, child support, or alimony cases, income and asset disclosure may be required to ascertain financial obligations and distributions.
Remember, the need for income and asset documentation can vary depending on the specific situation or jurisdiction. Always consult the relevant authorities or professionals to ensure compliance with applicable regulations.
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Income and assets prihodi refers to the declaration of one's income and assets for tax or regulatory purposes.
Individuals or entities who meet the criteria set by the tax authorities are required to file income and assets prihodi.
Income and assets prihodi can be filled out by providing accurate information about one's income sources and assets using the prescribed form or online platform.
The purpose of income and assets prihodi is to ensure transparency in financial matters and to assess tax liabilities accurately.
Information such as income from employment, investments, property, and details of assets like real estate, vehicles, and bank accounts must be reported on income and assets prihodi.
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