Social Security and Other Legislation Amendment (Income Support Bonus) Act 2013 (5 of 2013)

Schedule 1   Amendments

Part 2   Consequential amendments

Income Tax Assessment Act 1997

18   Before subsection 52-65(2)

Insert:

(1K) Payments of income support bonus under the scheme prepared under Part VII (about educating veterans' children) of the Veterans' Entitlements Act 1986 are exempt from income tax.