Exempt Lump Sums
Exempted lump sums
Lump sums can be exempted from the Income Test under VEA. An amount received by a person is an exempt lump sum if it is:
not a periodic payment (within the meaning of subsection 5K(1A),
not income from remunerative work undertaken by the person, and
is an amount, or one of a class of payments that the Commission determines to be an exempt lump sum.
Source URL: https://clik.dva.gov.au/compensation-and-support-policy-library/part-10-types-income-and-assets/101-ordinary-income/1013-income-exempt-assessment/exempt-lump-sums
Exempt Lump Sum Determinations DSS/Other
Exempted lump sums
Lump sums can be exempted from the Income Test under VEA. An amount received by a person is an exempt lump sum if it is:
not a periodic payment (within the meaning of subsection 5K(1A),
not income from remunerative work undertaken by the person, and
is an amount, or one of a class of payments that the Commission determines to be an exempt lump sum.
Source URL: https://clik.dva.gov.au/compensation-and-support-policy-library/part-10-types-income-and-assets/101-ordinary-income/1013-income-exempt-assessment/exempt-lump-sums/exempt-lump-sum-determinations-dssother
Exempt Lump Sum Determinations under the VEA
Exempted lump sums
Lump sums can be exempted from the Income Test under VEA. An amount received by a person is an exempt lump sum if it is:
not a periodic payment (within the meaning of subsection 5K(1A),
not income from remunerative work undertaken by the person, and
is an amount, or one of a class of payments that the Commission determines to be an exempt lump sum.
Source URL: https://clik.dva.gov.au/compensation-and-support-policy-library/part-10-types-income-and-assets/101-ordinary-income/1013-income-exempt-assessment/exempt-lump-sums/exempt-lump-sum-determinations-under-vea