Social Services and Other Legislation Amendment (Coronavirus and Other Measures) Act 2020 (97 of 2020)

Schedule 1   Additional economic support payments

Part 4   Taxation amendments

Income Tax Assessment Act 1997

31   After subsection 52-10(1B)

Insert:

(1C) The following payments are exempt from income tax:

(a) additional economic support payment 2020 under Division 1 of Part 2.6C of the Social Security Act 1991;

(b) additional economic support payment 2021 under Division 2 of Part 2.6C of the Social Security Act 1991.