1.1.O.30 Ordinary income
This definition applies to all payments under the SSAct.
Ordinary income means income that is not maintenance income or an exempt lump sum. The definition of this term is in SSAct section 8(1).
Note: The definition of ordinary income is NOT the same as the ATO definition of income for tax purposes. The definition of ordinary income is far wider than the definition of taxable income. Ordinary income is NOT used for the YA parental means test.
Examples: Income from: