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AK97(Enthusiast)Enthusiast
13 July 2023

Hi there!!


I just remembered that I had received the $250 power saving bonus cheque from Victorian energy compare. I was wondering if this was taxable and in which section should I put this under in the tax return form??


thanks!!

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Ryanthusar(Enthusiast)Enthusiast
13 July 2023

It's non-taxable income so doesnt need to be declared.


Its like the Covid-19 disaster payments that were given out.


Different to the Pandemic Leave Disaster Payment which was classed as assessable income.

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Ryanthusar(Enthusiast)Enthusiast
13 July 2023

It's non-taxable income so doesnt need to be declared.


Its like the Covid-19 disaster payments that were given out.


Different to the Pandemic Leave Disaster Payment which was classed as assessable income.

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is the $250 power saving bonus I get from the victorian energy compare taxable? | ATO Community