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You cannot rely on this record in your tax affairs. It is not binding and provides you with no protection (including from any underpaid tax, penalty or interest). In addition, this record is not an authority for the purposes of establishing a reasonably arguable position for you to apply to your own circumstances. For more information on the status of edited versions of private advice and reasons we publish them, see PS LA 2008/4.

Edited version of private advice

Authorisation Number: 1052142527493

Date of advice: 10 August 2023

Ruling

Subject: Assessable income - government grants

The Commissioner was asked to rule on a number of questions regarding the assessability of government grants. The Commissioner ruled on each of the questions.