Show download pdf controls
  • Tax relief for ex gratia disaster assistance payments

    The Government will provide ongoing tax relief in relation to ex gratia disaster assistance payments made to New Zealand Special Class Visa (subclass 444) holders. The Government will provide this tax relief for the 2014–15 financial year and all following financial years.

    The Government will exempt ex gratia Disaster Recovery Payments from income tax and make a tax offset available for ex gratia Income Support Allowance payments. These ex gratia payments are equivalent to the tax-exempt Australian Government Disaster Recovery Payment and Disaster Recovery Allowance, respectively, which are made to Australians.

    All of these payments provide financial assistance to individuals who are negatively affected by a disaster occurring in Australia. Making the tax relief ongoing will remove the need for amendments to be made periodically and will provide greater certainty to recipients.

    The change will take effect from the date of Royal Assent.

    Legislation and supporting material

    The Treasury Laws Amendment (2016 Measures No. 1) Act 2017External Link containing this legislation received Royal Assent on 4 April 2017.

      Last modified: 10 Apr 2017QC 50882