Income tax exemption for compensation for legal advice under military compensation arrangements

In the 2013–14 Budget, the government announced it will provide an income tax exemption for compensation provided for legal advice to beneficiaries under the Military Rehabilitation and Compensation Act 2004.

These amendments will apply to the 2013–14 income year and later income years.

Legislation and supporting material

The following legislation received royal assent on 28 June 2013:

More information

For more information, refer to Budget 2013–14 Budget Paper No. 2 - Part 1: Revenue MeasuresExternal Link (PDF 798 KB) – page 37.

    Last modified: 11 Sep 2013QC 37116