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Edited version of private advice
Authorisation Number: 1051928891246
Date of advice: 1 December 2021
Ruling
Subject: Victims of crime compensation payment
Question
Is the victim of crime lump sum payment you received under State legislation assessable income?
Answer
No.
This ruling applies for the following period:
Income year ending 30 June 20XX
The scheme commences on:
1 July 20XX
Relevant facts and circumstances
You applied to the State government for a recognition payment as a primary victim of an act of violence. A Notice of Decision was issued under the State legislation which determined you are a primary victim of an act of violence. Consequently, you received a payment of $XXX as a primary victim of an act of violence.
Relevant legislative provisions
Income Tax Assessment Act 1997 section 6-5