Tax Law Improvement Act 1997 (121 of 1997)
Schedule 3 Exempt income
Part 2 Consequential amendment of the Income Tax Assessment Act 1997
30 Subsection 995-1(1)
Insert:
tax-free amount of a payment is defined as set out in this table:
|
Tax-free amount of a payment |
||
|
Tax-free amount of this kind of payment: |
|
|
|
1 |
Social security payment |
sections 52-20, 52-25, 52-30 and 52-35 |
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