Document ID: chunk:federal_register_of_legislation:F2024L00551:reg:5:p1
Version: federal_register_of_legislation:F2024L00551
Segment Type: reg
Provision Reference: reg 5 (pt 1/2)
Character Range: 2581–5435

5  Requirement to lodge an income tax return
 (1) Under section 161 of the Act, every person who was for at least one day in the 2024 year either a carer entitled to child support (other than a non-parent carer) or a liable parent is required to give a return for the 2024 year, unless subsection (2) applies.
 (2) A person is not required to lodge a return under subsection (1) if:
 (a) the total of their following amounts for the 2024 year was less than $28,464:
 (i) taxable income (excluding any assessable first home super saver released amount);
 (ii) tax free pensions or benefits as defined in section 5 of the CSAA;
 (iii) target foreign income as defined in section 5B of the CSAA;
 (iv) reportable fringe benefits total;
 (v) total net investment loss; and
 (vi) reportable superannuation contributions; and
 (b) they were in receipt of one or more of the following Australian Government pensions, allowances or payments for the whole of the 2024 year:
 (i) jobseeker payment under the SSA;
 (ii) austudy payment under the SSA;
 (iii) disaster income support allowance for special category visa (subclass 444) holders;
 (iv) Disaster Recovery Allowance under the SSA;
 (v) farm household allowance under the Farm Household Support Act 2014;
 (vi) parenting payment (benefit PP (partnered)) under the SSA;
 (vii) special benefit under the SSA;
 (viii) youth allowance under the SSA;
 (ix) youth disability supplement paid as a component of ABSTUDY living allowance under the ABSTUDY scheme, or a component of youth allowance under the SSA;
 (x) ABSTUDY living allowance under the ABSTUDY scheme;
 (xi) payments under the Military Rehabilitation and Compensation Act Education and Training Scheme (otherwise known as 'MRCA Education Allowance');
 (xii) payments under the Veterans' Children Education Scheme established under the VEA;
 (xiii) payments under a self-employment program including the New Enterprise Incentive Scheme and the Self-Employment Assistance program;
 (xiv) allowance under the Training for Employment Program;
 (xv) any other taxable Commonwealth education or training payments;
 (xvi) age pension under the SSA;
 (xvii) age service pension under the VEA;
 (xviii) carer payment under the SSA;
 (xix) disability support pension under the SSA;
 (xx) income support supplement under the VEA;
 (xxi) invalidity service pension under the VEA;
 (xxii) parenting payment (pension PP (single)) under the SSA;
 (xxiii) partner service pension under the VEA; and
 (xxiv) veteran payment under the VEA.
Note 1: The return must be in the approved form (see section 161A of the Act).
Note 2: Nothing in this instrument prevents the Commissioner from issuing a notice under sections 162 or 163 of the Act requiring a person to give the Commissioner, in the approved form and within the time required, a return, or a further or fuller