The Guides to Social Policy Law is a collection of publications designed to assist decision makers administering social policy law. The information contained in this publication intended only as a guide to social security payments. The information is accurate as at the date listed at the bottom of the page, but may be subject to change. To discuss individual circumstances please contact Services Australia.

1.1.T.20 Taxable income

Definition

For the purposes of FA, taxable income has the same meaning as that under tax law.

Act reference: FAAct section 3(1)-'taxable income'

Income Tax Assessment Act 1936 section 6(1)-'taxable income'

Income Tax Assessment Act 1997 Part 1-3 Core Provisions, Division 4 How to work out the income tax payable on your taxable income

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