A New Tax System (Family Assistance) Act 1999

Schedules

Schedule 3 - Adjusted taxable income  

7  

7   Tax free pension or benefit  
For the purposes of this Schedule, the following payments received in an income year are tax free pensions or benefits for that year:

(a)    a disability support pension under Part 2.3 of the Social Security Act 1991 ;

(b)    

(Repealed by No 26 of 2018)

(c)    a carer payment under Part 2.5 of the Social Security Act 1991 ;

(d)    a pension under Part II of the Veterans ' Entitlements Act 1986 payable to a veteran;

(da)    a pension under Part IV of the Veterans ' Entitlements Act 1986 payable to a member of the Forces or a member of a Peacekeeping Force;

(e)    an invalidity service pension under Division 4 of Part III of the Veterans ' Entitlements Act 1986 ;

(f)    a partner service pension under Division 5 of Part III of the Veterans ' Entitlements Act 1986 ;

(g)    a pension under Part II of the Veterans ' Entitlements Act 1986 payable to the widow or widower of a deceased veteran;

(ga)    a pension under Part IV of the Veterans ' Entitlements Act 1986 payable to the widow or widower of a deceased member of the Forces or the widow or widower of a deceased member of a Peacekeeping Force;

(h)    income support supplement under Part IIIA of the Veterans ' Entitlements Act 1986 ;

(haaa)    

a veteran payment under an instrument made under Part IIIAA of the Veterans ' Entitlements Act 1986 ;

(ha)    

a Special Rate Disability Pension under Part 6 of Chapter 4 of the Military Rehabilitation and Compensation Act 2004 ;


(haa) (Repealed by No 142 of 2021)

(hb)    

a payment of compensation under section 68, 71 or 75 of the Military Rehabilitation and Compensation Act 2004 ;

(hc)    

a payment of the weekly amount mentioned in paragraph 234(1)(b) of the Military Rehabilitation and Compensation Act 2004 (including a reduced weekly amount because of a choice under section 236 of that Act) or of a lump sum mentioned in subsection 236(5) of that Act;

to the extent to which the payment:

(i)    is exempt from income tax; and

(j)    

is not a payment by way of bereavement payment, pharmaceutical allowance, rent assistance, language, literacy and numeracy supplement, remote area allowance or energy supplement; and

(k)    if the payment is a payment under the Social Security Act 1991 - does not include tax-exempt pension supplement (within the meaning of subsection 20A(6) of that Act); and

(l)    if the payment is a payment under the Veterans ' Entitlements Act 1986 - does not include tax-exempt pension supplement (within the meaning of subsection 5GA(5) of that Act).




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