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NDIS Updates

NDIS Updates

$750 Economic Support Payment

This payment is not taxable This means you don’t include it: • when you report your fortnightly income to receive your Centrelink payment • in your family income estimate for FTB/

CCS • as income in your tax return for 2019-20 financial year

Australia

$550 Coronavirus Supplement

This temporary payment is taxable This means you: • don’t need to report it as your fortnightly income as it’s part of your Centrelink payment • need to include it in your family income estimate for FTB/CCS • need to declare it as income in your tax

JobSeeker Payment

This payment is taxable This means you: • don’t need to report it as your fortnightly income as it’s part of your Centrelink payment • need to include it in your family income estimate for FTB/CCS • as income in your tax return for 2019-20

$1,500 JobKeeper Payment

This payment is taxable This means you need to include it: • when you report your fortnightly income to receive your Centrelink payment • in your family income estimate for FTB/

CCS • as income in your tax return for 2019-20 financial year

Services Australia (formally the Department of Human Services) includes Centrelink, Medicare and Child Support.

There are lots of people asking if certain payments are taxable and what is required for tax purposes or income estimates. Hopefully these information blocks to help you understand some of the available payments.

There is a temporarily increase the JobSeeker Payment partner income test. From 27th April your partner can earn up to $3,068 per fortnight before their income stops your payment.

Financial Help

We may be able to help you financially even if you don’t already get a payment from us.

If you already get a payment from us, there’s financial help for people affected by coronavirus. This includes the Coronavirus Supplementand the Economic Support Payment.

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