Private ruling: Assessable income - rehabilitation payment
Date of advice: 30 January 2023
Published: 13 March 2023
Ruling period: Year ended 30 June 20XX
Date scheme commenced: 1 July 20XX

Ruling: Q1: Is the rehabilitation payment you received assessable income? | A1: No. Based on the information provided to the commissioner, the rehabilitation payment you received to assist with your return to work is not assessable income under Section 6-5 of the Income Tax Assessment Act 1997 (ITAA 1997) as it does not meet the definition of ordinary income. This payment is therefore not required to be declared in your tax return.

Relevant facts and circumstances: You have received a rehabilitation payment. This payment is a one-off payment. The payment was made to assist you to return to work. The payment was used for reimbursement of your expenses in seeing various health professionals.

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