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

34   After subsection 52-65(1J)

Insert:

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

(a) additional economic support payment 2020 under Division 1 of Part IIIJ of the Veterans' Entitlements Act 1986;

(b) additional economic support payment 2021 under Division 2 of Part IIIJ of the Veterans' Entitlements Act 1986.