Coronavirus Economic Response Package Omnibus Act 2020 (22 of 2020)
Schedule 4 Stimulus payments to households to support growth
Income Tax Assessment Act 1997
18 After subsection 52-65(1H)
Insert:
(1J) The following payments are exempt from income tax:
(a) first 2020 economic support payments under Division 1 of Part IIIH of the Veterans' Entitlements Act 1986;
(b) second 2020 economic support payments under Division 2 of Part IIIH of the Veterans' Entitlements Act 1986.
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