4.3 Ordinary income
This chapter contains information on the types of ordinary income that affect a recipient's payments. Information on income that is exempt from assessment is also included.
Ordinary income means gross income, without any reduction, other than a deduction from business income under SSAct Division 1A.
The treatment of compensation falling within the definition of SSAct section 17(2) is found in 4.13.
Other specific types of income are covered in the chapters shown in the following table.
|Type of income||Chapter|
|Income for family assistance payments||FA Guide 3.2|
|Business structures, trusts and primary producers||4.7|
|Superannuation and income streams||4.8 and 4.9|