Private ruling: Assessable income
Date of advice: 15 January 2020
Published: March 2020
Ruling period: Year ended 30 June 20XX
Date scheme commenced: 1 July 20XX

Ruling: Q1: Are the amounts that are paid periodically to the entity as a Special Disability Approved (SDA) provider under the National Disability Insurance Scheme (NDIS) assessable income? | A1: Yes. Having considered the circumstances and the relevant factors, the payments that are received periodically by the entity for providing SDA accommodation to a NDIS participant are considered ordinary income under section 6-5 of the Income Tax Assessment Act 1997 . As the payments are assessable income the entity will be entitled to claim deductions in relation to the rental dwelling.

Relevant facts and circumstances: Under the terms of the NDIS the entity was established. The entity is a Special Disability Approved (SDA) provider under the National Disability Insurance Scheme. Under the NDIS the entity is paid periodically to provide SDA accommodation to an approved NDIS participant.

Relevant legislative provisions: Income Tax Assessment Act 1997 section 6-5