To qualify for payments, practices must be participating in the PIP and meet the eligibility requirements of the incentives at a point in time date.
The point in time date is the last day of the month before the next PIP quarterly payment.
Payments are made by electronic funds transfer to the account nominated by the practice, and do not attract Goods and Services Tax.
The quarterly payment months, point in time dates and reference periods are provided in the table below.
|Quarterly payment month||Point in time assessment of eligibility||SWPE value reference period|
|February||31 January||1 October to 30 September|
|May||30 April||1 January to 31 December|
|August||31 July||1 April to 31 March|
|November||31 October||1 July to 30 June|
For more information on when payments are made, refer to the PIP guidelines.