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Centrelink —- is it income? If it’s a car accident payout?

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Oma
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If I've received funds for a car accident and have lodged all appropriate forms with Centrelink, are the funds then classed as income?

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Taxicorn

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@Oma 

 

Unless they are compensating you for income then they are non-assessable non-exempt income.

 

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Best answer

Taxicorn

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@Oma 

 

Unless they are compensating you for income then they are non-assessable non-exempt income.

 

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