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INCOME TAX ASSESSMENT ACT 1997 - SECT 52.65

How much of a veterans' affairs payment is exempt?

             (1)  The table in this section tells you about the income tax treatment of veterans' affairs payments, other than:

                     (a)  payments of pension bonus, pension bonus bereavement payment, DFISA bonus or DFISA bonus bereavement payment; or

                     (b)  clean energy payments; or

                   (ba)  clean energy payments under the scheme prepared under Part VII (about educating veterans' children) of the Veterans' Entitlements Act 1986 ; or

                     (c)  one-off energy assistance payments under the Veterans' Entitlements Act 1986 ; or

                     (e)  a prisoner of war recognition supplement under Part VIB of the Veterans' Entitlements Act 1986 .

Note:          Section 52-75 sets out the provisions of the Veterans' Entitlements Act 1986 under which the payments are made.

          (1A)  The following payments under the Veterans' Entitlements Act 1986 are exempt from income tax:

                     (a)  pension bonus and pension bonus bereavement payment under Part IIIAB;

                     (b)  DFISA bonus and DFISA bonus bereavement payment under Part VIIAB.

          (1E)  A lump sum payment under section 198N of the Veterans' Entitlements Act 1986 is exempt from income tax.

           (1F)  A prisoner of war recognition supplement under Part VIB of the Veterans' Entitlements Act 1986 is exempt from income tax.

          (1G)  The following are exempt from income tax:

                     (a)  clean energy payments under the Veterans' Entitlements Act 1986 ;

                     (b)  clean energy payments under the scheme prepared under Part VII (about educating veterans' children) of that Act.

Note:          The supplementary amount of each other payment under the scheme mentioned in paragraph (b) is also exempt from income tax (see section 52-140).

       (1GA)  One-off energy assistance payments under Part IIIF of the Veterans' Entitlements Act 1986 are exempt from income tax.

          (1H)  One-off energy assistance payments under Part IIIG of the Veterans' Entitlements Act 1986 are exempt from income tax.

             (2)  Expressions (except "pension age") used in this Subdivision that are also used in the Veterans' Entitlements Act 1986 have the same meaning as in that Act.

Note:          Pension age has the meaning given by subsection 23(1) of the Social Security Act 1991 : see subsection 995-1(1).

             (4)  Ordinary payment means a payment other than a payment made because of a person's death.

 

Income tax treatment of veterans' affairs payments



Item


Category of veterans' affairs payment



Ordinary payment

Payment made because of a person's death

1.1

Age service pension

Supplementary amount is exempt
(see section 52-70)

Exempt

2.1

Attendant allowance

Exempt

Not applicable

3.1

Carer service pension : unless covered by item 3.2 or 3.3

Supplementary amount is exempt
(see section 52-70)

Exempt

3.2

Carer service pension : both you and your partner are under pension age and your partner is receiving an invalidity service pension

Exempt

Exempt

3.3

Carer service pension : you are under pension age, your partner has died and was receiving an invalidity service pension at death

Exempt

Exempt

4.1

Clothing allowance

Exempt

Not applicable

5.1

Decoration allowance

Exempt

Not applicable

5A.1

Defence Force Income Support Allowance : the whole of the social security pension, or the whole of the social security benefit, that is also payable to you on the day this allowance is payable to you is exempt from income tax under section 52-10

Exempt

Not applicable

6.1

Income support supplement : unless covered by item 6.2, 6.3, 6.4 or 6.5

Supplementary amount is exempt
(see section 52-70)

Exempt

6.2

Income support supplement : you are under pension age and receiving the supplement on the grounds of permanent incapacity

Exempt

Exempt

6.3

Income support supplement : both you and the severely handicapped person you are caring for are under pension age and you are receiving the supplement for providing constant care for that person

Exempt

Exempt

6.4

Income support supplement : both you and your partner are under pension age and your partner is an invalidity service pensioner or a disability support pensioner

Exempt

Exempt

6.5

Income support supplement : both you and your partner are under pension age and your partner is receiving the supplement on the grounds of permanent incapacity

Exempt

Exempt

7.1

Invalidity service pension : you are pension age or over

Supplementary amount is exempt
(see section 52-70)

Exempt

7.2

Invalidity service pension : you are under pension age

Exempt

Exempt

8.1

Loss of earnings allowance

Exempt

Not applicable

9.1

Partner service pension : unless covered by item 9.2 or 9.3

Supplementary amount is exempt
(see section 52-70)

Exempt

9.2

Partner service pension : both you and your partner are under pension age and your partner is receiving an invalidity service pension

Exempt

Exempt

9.3

Partner service pension : you are under pension age, your partner has died and was receiving an invalidity service pension at death

Exempt

Exempt

10.1

Pension for defence-caused death or incapacity

Exempt

Not applicable

11.1

Pension for war-caused death or incapacity

Exempt

Not applicable

12.1

Quarterly pension supplement

Exempt

Not applicable

13.1

Recreation transport allowance

Exempt

Not applicable

14.1

Section 98A Bereavement payment

Not applicable

Exempt

14.2

Section 98AA Bereavement payment

Not applicable

Exempt

15.1

Section 99 funeral benefit

Not applicable

Exempt

16.1

Section 100 funeral benefit

Not applicable

Exempt

16A.1

Energy supplement under Part VIIAD of the Veterans' Entitlements Act 1986

Exempt

Not applicable

17.1

Special assistance

Exempt

Not applicable

20.1

Travelling expenses

Exempt

Not applicable

21.1

Vehicle Assistance Scheme

Exempt

Not applicable

21AA.1

Veteran payment

Supplementary amount is exempt
(see section 52-70)

Exempt

21A.1

Veterans supplement

Exempt

Not applicable

22.1

Victoria Cross allowance

Exempt

Not applicable



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