• Government benefits

    We may send a letter about your government benefits if details of benefits paid to you by the Department of Human Services and/or other government agencies do not match the amount you declared in your tax return.

    The letter will include a schedule showing the relevant information from your tax return compared with information we hold.

    Understanding your government benefits schedule

    Below is a sample government benefits schedule. Keep in mind that your schedule will contain your own details and may not look exactly like this one.

    Reported payment summaries
    for the year ended 30 June 2015

    Income discrepancy

    $16,781

    Overclaimed credit:

    $1,379

     

    Source of income

    Income type

    Payer ABN

    Income amt $

    Credit amt $

    Government Department

    PEI

    55555555555

    $16,781

    $5,973

    Another Government Department

    GAI

    77777777777

    $3,972

    $476

    The following definitions will help you understand your schedule:

    • Income discrepancy – The amount of income not declared on your tax return.
    • Overclaimed credit – The amount of extra credit you claimed which is above the total credit we were advised by your payers.
    • Source of income – A list of each source of government benefits paid to you, as reported to us by government departments.
    • Income type – A three-digit code indicating the type of government benefit you received. The reverse side of your schedule provides an explanation of each code.
    • Payer ABN – The payer's ABN for each source of government benefit income reported to us.
    • Income amt $ – The income amount for each source of government benefit income reported to us.
    • Credit amt $ – The credit amount for each source of government benefit income reported to us. This is the tax withheld from income paid to you.

    Next step:

    See also:

     

    Last modified: 11 Feb 2016QC 41708