We believe that your COVID-19 payment will not be classified by Centrelink as income, because of the following:
- The federal government’s six-month waivers commencing 27 April 2020 may extend to the income text.
- The Incolink COVID-19 payment may not be classified as assessable income under taxation law.
- The Incolink COVID-19 payment may be exempt from the definition of income as this payment may be classified as an emergency relief or similar assistance payment.
We recommend you seek independent advice as it relates to your personal circumstances. Please refer to the Centrelink website for details of how the Incolink COVID-19 payment will reduce your Centrelink benefits.