Private ruling: Compensation- victim of crime
Date of advice: 24 January 2019
Published: May 2019
Ruling period: Year ended 30 June 201 8
Date scheme commenced: 1 July 2017

Ruling: Q1: Is the special assistance payment that you received assessable income? | A1: No The special assistance payment is not ordinary income. Additionally any capital gain made in relation to the payment is disregarded as the payment was made in relation to a wrong or injury that you or your relative suffered personally. Accordingly, it is not assessable income and does not need to be included in your income tax return.

Relevant facts and circumstances: This ruling is based on the facts stated in the description of the scheme that is set out below. If your circumstances are materially different from these facts, this ruling has no effect and you cannot rely on it. The fact sheet has more information about relying on your private ruling. You were a victim of crime. You received a victim of crime compensation payment that included a portion for special assistance. This payment was a once off payment.

Relevant legislative provisions: Income Tax Assessment Act 1997 Subsection 6-1(1) | Income Tax Assessment Act 1997 Section 6-5 | Income Tax assessment Act 1997 Section 6-10 | Income Tax Assessment Act 1997 Paragraph 118-37(1)(b)