Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 15.1

What this Division is about

This Division sets out some items that are included in your assessable income. Remember that the general rules about assessable income in Division 6 apply to these items.

Table of sections

Operative provisions

15‑2          Allowances and other things provided in respect of employment or services

15‑3          Return to work payments

15‑5          Accrued leave transfer payments

15‑10        Bounties and subsidies

15‑15        Profit‑making undertaking or plan

15‑20        Royalties

15‑22         Payments made to members of a copyright collecting society

15‑25        Amount received for lease obligation to repair

15‑30        Insurance or indemnity for loss of assessable income

15‑35        Interest on overpayments and early payments of tax

15‑40        Providing mining, quarrying or prospecting information

15‑45        Amounts paid under forestry agreements

15‑46        Amounts paid under forestry managed investment schemes

15‑50        Work in progress amounts

15‑55        Certain amounts paid under funeral policy

15‑60        Certain amounts paid under scholarship plan

15‑65        Sugar industry exit grants

15‑70        Reimbursed car expenses

15‑75        Bonuses

15‑80        Employer FHSA contributions etc.

Operative provisions



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