Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-15 - NON-ASSESSABLE INCOME  

Division 59 - Particular amounts of non-assessable non-exempt income  

Operative provisions  

SECTION 59-55   2019-20 bushfires - payments for volunteer work with fire services  

59-55(1)  
A payment to an individual is not assessable income and is not *exempt income if:


(a) the purpose of the payment is to compensate the individual for the loss of income as a result of the individual performing volunteer work with a fire service (however described) of a State or Territory; and


(b) the work is performed during the 2019-20 income year; and


(c) the payment is made by a State or Territory and is covered by an agreement between the Commonwealth and that State or Territory; and


(d) the payment is made on or after 1 January 2020.

59-55(2)  
However, this section does not apply to:


(a) a payment received in the individual ' s capacity as an employee or contractor (including a payment of an entitlement to paid leave); or


(b) a workers ' compensation payment.


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