Which types of income are non-assessable in Australia

date:2026-07-31 15:44:00 author:admin browse: time View comments Add Collection

Which types of income are non-assessable in Australia

Which types of income are non-assessable in Australia? (Multiple)

A. Main residence sale gain

B. Personal injury compensation

C. Ordinary business revenue

D. Family gift income

Answer: ABD

Explanation: Business revenue is assessable income; the other three items are statutory non-assessable income.