Income Tax Assessment Act 1997
View history note
Hide history noteSECTION 52-30 Tax-free amount of certain other bereavement lump sum payments 52-30(1)
This section applies if a lump sum of any of these categories of social security payments becomes due to you because of your partner ' s death.
| Category of social security payment |
| Austudy payment |
| Jobseeker payment |
| Parenting payment (benefit PP (partnered)) |
| Special benefit |
| Youth allowance |
Note:
A reference in this table to jobseeker payment or youth allowance includes a reference to farm household allowance under the Farm Household Support Act 2014 (see Part 5 of that Act).
52-30(2)
The total of the following are exempt up to the *tax-free amount: (a) the lump sum payment; (b) all other payments that become due to you under the Social Security Act 1991 during the bereavement lump sum period.
52-30(3)
This is how to work out the tax-free amount : Method statement
Step 1.
Work out the payments under the Social Security Act 1991 that would have become due to you during the bereavement lump sum period if:
Step 2.
Work out how much of those payments would have been exempt in those circumstances.
Step 3.
Work out the payments under the Social Security Act 1991 that would have become due to your partner during the bereavement lump sum period if your partner had not died, even if the payments would not have been exempt.
Step 4.
Total the payments worked out at Steps 2 and 3: the result is the tax-free amount .
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.