top of page
Writer's picturebookkeepercybele

Government support for coronavirus - tax implications

The $750 Economic Support Payment is not taxable. You don't need:

- to report it as income.

- to include in family income estimate

- to include in 2019-20 tax return


Jobseeker Payment & $550 Coronavirus Supplement: You need:

- to include in family income estimate

- to include in 2019-20 tax return

BUT, you don't need:

- to report as fortnightly income at Centrelink


Jobkeeper Payment $1,500: You need:

- to include in family income estimate

- to include in 2019-20 tax return

- to report as fortnightly income at Centrelink




8 views0 comments

Recent Posts

See All

Comentarios


bottom of page