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INCOME TAX ASSESSMENT ACT 1997 - SECT 11.15

Ordinary or statutory income which is exempt

    Provisions of the Income Tax Assessment Act 1997 are identified in normal text. The other provisions, in bold , are provisions of the Income Tax Assessment Act 1936.

 

acute support packages for veterans and their families

 

acute support packages for veterans and their families ...

52 - 185

agricultural industry exit grants

 

tobacco industry exit grants ....................

53 - 10

copyright collecting societies

51 - 43

Coronavirus economic response payment

 

certain payments in accordance with the Coronavirus Economic Response Package (Payments and Benefits) Act 2020              

53 - 25

credit unions

 

interest .................................

23G

defence

 

Defence Force member, allowances ...............

51 - 5

Defence Force member, compensation payments for loss of deployment allowance for warlike service              


51 - 5

Defence Force Ombudsman recommendation, reparation payments and additional payments in relation to              


51 - 5

F - 111 Deseal/Reseal Ex - gratia Lump Sum Payments  

51 - 5

Former Reserve Defence Force member, compensation payments for loss of pay and/or allowances              


51 - 5

Reserve Defence Force member, pay and allowances ...

51 - 5

disasters

 

2018 storms--relief payments ..................

51 - 125

dividends or shares

 

pooled development fund company dividend ........

124ZM

pooled development fund company shares, income from sale of  


124ZN

education and training

 

Apprenticeship Wage Top - Up payment, recipient of  

51 - 10

bursary, educational allowance etc. ...............

51 - 10 and 51 - 35

Commonwealth Trade Learning Scholarship, recipient of  


51 - 10

CRAFT scheme, employer's income from ..........

51 - 10

early completion bonuses for apprentices ...........

51 - 10 and 51 - 42

Endeavour Awards, research fellowship under ........

51 - 10

Endeavour Executive Award ...................

51 - 10

foreign student, scholarship and bursary to ..........

842 - 105

full - time student, income from a scholarship, bursary, other educational allowance or educational assistance              



51 - 10 and 51 - 35

isolated child, income for the provision of education of ..

51 - 10 and 51 - 40

secondary student, income for the provision of education of  


51 - 10 and 51 - 40

Skills for Sustainability for Australian Apprentices payment, recipient of  


51 - 10

Tools for Your Trade payment (under the program known as the Australian Apprenticeships Incentives Program), recipient of              



51 - 10

family assistance

 

additional child care subsidy ...................

52 - 150

additional economic support payment 2020 or additional economic support payment 2021              


52 - 150

back to school bonus or single income family bonus ....

52 - 150

child care subsidy ..........................

52 - 150

clean energy advance ........................

52 - 150

economic security strategy payment to families .......

52 - 150

economic support payment, first or second 2020 payment  


52 - 150

ETR payment .............................

52 - 150

ETR payment, payments under the scheme determined under Part   2 of Schedule   1 to the Family Assistance and Other Legislation Amendment (Schoolkids Bonus Budget Measures) Act 2012              




52 - 162

families, payments to, under the scheme determined under Schedule   4 to the Social Security and Other Legislation Amendment (Economic Security Strategy) Act 2008              

52 - 160

family tax benefit ..........................

52 - 150

Household Stimulus Package Act (No.   2) 2009 , payments under scheme determined under Schedule   4 to the              

52 - 165

single income family supplement ................

52 - 150

stillborn baby payment .......................

52 - 150

financial arrangements

 

gains related to exempt income ..................

230 - 30

financial transactions

 

pooled development fund company dividends ........

124ZM

pooled development fund company shares, income from sale of  


124ZN

foreign aspects of income taxation

 

approved overseas project, income from ...........

23AF

Australian - American Education Foundation, grant from  


51 - 10

Commonwealth of Nations country officer, official salary and foreign income              


768 - 100

consul and official staff member, official salary and foreign income  


768 - 100

Defence Force member, foreign resident, pay and
allowances of ..........................


842 - 105

Defence Force member, pay and allowances from being on eligible duty  


23AD

defence of Australia, overseas person's income from assisting in Australia's defence              


842 - 105

diplomat and official staff member, official salary and foreign income  


768 - 100

educational, scientific, religious or philanthropic society, income of a visiting representative of              


842 - 105

expert, foreign resident, remuneration of ...........

842 - 105

foreign society or association representative, income of .


842 - 105

forex realisation gains, certain ..................

775 - 20

government representative and members of the entourage, foreign resident, income of              


842 - 105

OBU investment trusts for overseas charitable institutions  


121EL(2)

OBU off - shore investment trusts, income to which subsection   121D(6) applies              


121EL

overseas charitable institutions, income from OBUs ....

121ELA(1)

overseas employment income, resident, income of .....

23AG

persecution victim, payments to .................

768 - 105

press representative, foreign, income of ............

842 - 105

resistance fighter and victim of wartime persecution, payments to  


768 - 105

United Nations, income from service with ..........

23AB

United States projects, income from approved overseas projects  


23AA

health

 

Continence Aids Payment Scheme, payments under ....

52 - 175

interest

 

judgement debt, personal injury .................

51 - 57

unclaimed money and property ..................

51 - 120

life insurance companies

Subdivision   320 - B

National Disability Insurance Scheme

 

NDIS amounts ............................

52 - 180

non - cash benefits

 

business benefit ............................

23L(2)

exempt fringe benefit ........................

23L(1A)

prizes

 

Prime Minister's Literary Awards ...............

51 - 60

Prime Minister's Prize for Australian History ........

51 - 60

Prime Minister's Prize for Science ...............

51 - 60

resale royalty collecting societies

51 - 45

shipping

 

income from shipping activities .................

51 - 100

social security or like payments

 

ABSTUDY scheme, payment under ..............

Subdivision   52 - E

additional economic support payment 2020 or additional economic support payment 2021 under the Social Security Act 1991              



52 - 10

additional economic support payment 2020 or additional economic support payment 2021 under the Veterans' Entitlements Act 1986              



52 - 65

Australian Victim of Terrorism Overseas Payment .....

52 - 10

Better Start for Children with Disability initiative, Outer Regional and Remote payment under              


52 - 172

carer adjustment payment .....................

53 - 10

carers, 2005 one - off payment to, (carer payment related), 2005 one - off payment to carers (carer service pension related) or 2005 one - off payment to carers (carer allowance related)




52 - 10

carers, 2006 one - off payment to, (carer payment related), 2006 one - off payment to carers (wife pension related), 2006 one - off payment to carers (partner service pension related), 2006 one - off payment to carers (carer service pension related) or 2006 one - off payment to carers (carer allowance related)            &nbs p; 







52 - 10

carers, 2007 one - off payment to, (carer payment related), 2007 one - off payment to carers (wife pension related), 2007 one - off payment to carers (partner service pension related), 2007 one - off payment to carers (carer service pension related) or 2007 one - off payment to carers (carer allowance related).              







52 - 10

carers, 2008 one - off payment to, (carer payment related), 2008 one - off payment to carers (wife pension related), 2008 one - off payment to carers (partner service pension related), 2008 one - off payment to carers (carer service pension related) or 2008 one - off payment to carers (carer allowance related)







52 - 10

carers, one - off payment to, (carer allowance related) or one - off payment to carers (carer payment related)              


52 - 10

carers, payments to, under the scheme determined under Schedule   3 to the Family Assistance Legislation Amendment (More Help for Families--One - off Payments) Act 2004              




52 - 10

carer supplement. ...........................

52 - 10

child disability assistance .....................

Subdivision   52 - A

clean energy payment under the Social Security Act 1991  


52 - 10

clean energy payment under the Veterans' Entitlements Act 1986  


52 - 65

clean energy payment under the scheme prepared under Part   VII of the Veterans' Entitlements Act 1986              



52 - 65

clean energy payment under the Military Rehabilitation and Compensation Act 2004              


52 - 114

clean energy payment under the scheme determined under section   258 of the Military Rehabilitation and Compensation Act 2004              



52 - 114

Commonwealth education or training payment .......

Subdivision   52 - F

cost of living payment 2022 under the Social Security Act 1991  


52 - 10

cost of living payment 2022 under the Veterans' Entitlements Act 1986  


52 - 65

disability services payment ....................

53 - 10

economic security strategy payment under the Social Security Act 1991  


52 - 10

economic support payment, first or second 2020 payment under the Social Security Act 1991              


52 - 10

economic support payment, first or second 2020 payment under the Veterans' Entitlements Act 1986              


52 - 65

education entry payment supplement under the Social Security Act 1991  


52 - 10

energy assistance payment, one - off payment under the Social Security Act 1991              


52 - 10

energy assistance payment, one - off payment under the Veterans' Entitlements Act 1986              


52 - 65

ETR payment, payments under the scheme determined under Part   2 of Schedule   1 to the Family Assistance and Other Legislation Amendment (Schoolkids Bonus Budget Measures) Act 2012              




52 - 162

farm household allowance under the Farm Household Support Act 2014  


Subdivision   52 - A

Helping Children with Autism package, Outer Regional and Remote payment under              


52 - 170

Household Stimulus Package Act (No.   2) 2009 , payments under the scheme determined under Schedule   4 to the              



52 - 165

pension bonus and pension bonus bereavement payment .


52 - 10 and 52 - 65

persecution victim, payments to .................

768 - 105

pharmaceutical supplement for Australian participants in British nuclear tests or in the British Commonwealth Occupation Force              



Subdivision   52 - CB

pharmaceutical supplement for Australian surgical - medical team members              


Subdivision   52 - CC

resistance fighter and victim of wartime persecution, payments to  


768 - 105

Social Security and Other Legislation Amendment (Economic Security Strategy) Act 2008 , payments under the scheme determined under Schedule   4 to the              




52 - 160

Social Security and Veterans' Affairs Legislation Amendment (One - off Payments and Other 2007 Budget Measures) Act 2007 , payments under a scheme determined under item   1 of Schedule   2 to the              





52 - 10

Social Security and Veterans' Affairs Legislation Amendment (One - off Payments and Other 2007 Budget Measures) Act 2007 , payments under the scheme determined under Schedule   4 to the              




52 - 10

Social Security and Veterans' Entitlements Legislation Amendment (One - off Payments and Other Budget Measures) Act 2008 , payments under a scheme determined under item   1 of Schedule   2 to the              




52 - 10

Social Security and Veterans' Entitlements Legislation Amendment (One - off Payments and Other Budget Measures) Act 2008 , payments under the scheme determined under Schedule   4 to the              




52 - 10

Social Security and Veterans' Entitlements Legislation Amendment (One - off Payments to Increase Assistance for Older Australians and Carers and Other Measures) Act 2006 , payments under the scheme determined under item   1 of Schedule   2 to the              






52 - 10

Social Security and Veterans' Entitlements Legislation Amendment (One - off Payments to Increase Assistance for Older Australians and Carers and Other Measures) Act 2006 , payments under the scheme determined under Schedule   4 to the              





52 - 10

Social Security Legislation Amendment (One - off Payments for Carers) Act 2005 , payments under the scheme determined under Schedule   2 to the              



52 - 10

social security payments ......................

Subdivision   52 - A

training and learning bonus under the Social Security Act 1991  


52 - 10

travelling expenses for Australian participants in British nuclear tests or in the British Commonwealth Occupation Force              



Subdivision   52 - CB

travelling expenses for Australian surgical - medical team members              


Subdivision   52 - CC

veteran, Australian and United Kingdom, payment to ...

53 - 20

veteran, payment to .........................

Subdivisions   52 - B and 52 - C

Veterans' Entitlements Act 1986 , lump sum payment under section   198N of the              


52 - 65

wounds and disability pension ..................

53 - 10

see also welfare

 

structured settlements and structured orders

 

annuities and lump sums ......................

Subdivisions   54 - B, 54 - C and 54 - D

student

 

see education and training

 

superannuation and related business

 

approved deposit fund, continuously complying fixed interest, income from 25   May 1988 deposits              

295 - 390 of the Income Tax (Transitional Provisions) Act 1997

approved deposit fund, income from a grant of financial assistance under Part   23 of the Superannuation Industry (Supervision) Act 1993              


295 - 405 (table item   1)

approved deposit fund, non - reversionary bonuses on policies of life assurance              

295 - 335 (table item   1)

benefits from non - complying funds ........

305 - 5

pooled superannuation trust, income from constitutionally protected funds              

295 - 335 (table item   2)

pooled superannuation trust, income from current pension liabilities of complying superannuation funds              



295 - 400

pooled superannuation trust, non - reversionary bonuses on policies of life assurance              

295 - 335 (table item   1)

superannuation fund, income from other assets used to meet current pension liabilities              


295 - 390

superannuation fund, income from segregated current pensions assets  


295 - 385

superannuation fund, non - reversionary bonuses on policies of life assurance              

295 - 335 (table item   1)

superannuation fund, regulated, income from a grant of financial assistance under Part   23 of the Superannuation Industry (Supervision) Act 1993              


295 - 405 (table item   1)

Territories Stolen Generations Redress Scheme

 

Territories Stolen Generations Redress Scheme payments  

53 - 30

United Nations

 

United Nations Service, income from .............

23AB

venture capital

 

eligible venture capital investments, gain or profit from realisation of  

51 - 54

eligible venture capital investments by ESVCLPs, income derived from  

51 - 52

venture capital equity, gain or profit from realisation of ..

51 - 55

welfare

 

Disaster recovery payments to special category visa (subclass 444) holders              


51 - 30

maintenance payment ........................

51 - 30 and 51 - 50

thalidomide payment--payment under the Support for Australia's Thalidomide Survivors program              


51 - 30

thalidomide payment--payment by the Thalidomide Australia Fixed Trust              


51 - 30

see also social security or like payments

 

Note:   The following provisions of the Income Tax Assessment Act 1936 give rise to notional exempt income and not exempt income. For this reason the provisions do not appear in the lists of kinds of exempt income.

  The provisions are: paragraphs 384(1)(b) and 385(1)(b), subsection   402(2) and section   403.

Table of sections

11 - 50   Effect of this Subdivision

11 - 55   List of non - assessable non - exempt income provisions


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