Does carer's payment count as taxable income?
There are certain Australian Government payments, pensions and allowances that must be declared on your tax return. The most common benefits include:
age pension
carer payment
Austudy
Newstart
JobSeeker payment
Youth Allowance
Parenting Payment
Tax-free government pensions or benefits
Carer payments is tax-free but you still need to declare them in your tax return. ATO use this information to work out if you are eligible for any government benefits or concessions and tax offsets.