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Update on DFRDB and MSBS Invalidity Benefits Taxation – ATO Streamlined Process

ATO have provided more detail on the streamlined process to amend past tax assessments for those affected by the DFRDB and MSBS invalidity benefits taxation cases.

ATO have also identified the change may also affect Family Tax Benefits, Child Support Obligations, Paid Parental Leave payments and other support payments that consider taxable income.

Details are provided on:

  • How to check your eligibility.
  • How to start the streamlined process.
  • Likely timeframes and outcomes.
  • Details of what constitutes a more complex case that may take longer than 56 days.

Details are now provided on how to apply for Disability Superannuation Benefits as well. This gives details of certification from a registered medical practitioner, including the wording:

that because of the ill-health it is unlikely that you can ever be gainfully employed in a capacity for which you are reasonably qualified because of education, experience or training.”

Full details are available on the ATO website.

For more information read the main article Veteran Invalidity Benefit Taxation here.