Household Assistance Package - tax reforms

Introduction

The Australian Government has implemented the Household Assistance Package to help low and middle income families under its Clean Energy Future initiative.

Government payments made under the package are tax-free, including Clean Energy supplement payments made under any of the following:

• ABSTUDY scheme
• Veterans' Children Education Scheme
• Military Rehabilitation and Compensation Act Education and Training Scheme
• Transitional farm family payment
• Exceptional circumstances relief payment.

Payments started in May 2012. From March 2013, ongoing assistance will be paid through increases to regular government entitlements.

We are responsible for the administration of the tax reform measures, which are effective from 1 July 2012.

For more information about tax changes and how they affect you, refer to: Household Assistance Package - tax changes for employers Household Assistance Package - tax changes for individuals Tax-free threshold - for individuals. For more information about the: Household Assistance Package, including payments and eligibility, visit www.australia.gov.au/householdassistance Clean Energy Future initiative, visit www.cleanenergyfuture.gov.au