Victorian bushfires

Australian Government

Payment type	Income	Separate net income (SNI) *	Capital gains tax (CGT)
Australian Government Disaster Recovery Payment One-off payment of $1,000 for each eligible adult and $400 for each eligible child who were adversely affected by the bushfires.	The payment is free from income tax.	The payment does not form part of an individual's SNI.	The payment is not assessable as a capital gain.
Funeral/memorial assistance Funeral assistance (up to $5,000) for the immediate family of a person who has lost their life as a direct result of the fires.	The payment is free from income tax.	The payment does not form part of an individual's SNI.	The payment is not assessable as a capital gain.
Income Recovery Subsidy Immediate financial assistance for employees, small business owners and farmers who have experienced a loss of income as a direct result of the Victorian bushfires.	The payment is free from income tax.	The payment does not form part of an individual's SNI.	The payment is not assessable as a capital gain.
Centrelink Crisis Payment A special one-off payment that may be paid in addition to an individual's regular payment from Centrelink. The crisis payment may be paid where an individual has been forced to leave their home and establish, or intend to establish, a new home because of an extreme circumstance such as a natural disaster.	The payment is free from income tax.	The payment forms part of an individual's SNI.	The payment is not assessable as a capital gain.