In a decision given by Colvin J, on 8 April 2020, the Federal Court has dismissed a taxpayer’s appeal against a decision that a lump sum payment of weekly workers’ compensation was assessable income.
See below for a summary of the case.
Author: John Morgan
http://www.FJMtax.comJohn Morgan is a tax specialist lawyer of more than three decades experience now practicing at the Victorian Bar - w: www.FJMtax.com e: f.john.morgan@vicbar.com.au