The Cost of Living Payment is a $250 one-off payment to help with the cost of living.
The Cost of Living Payment is not taxable and you don’t need to report it as income.
You’ll get it if you’re residing in Australia on 29 March 2022, and either:
You’ll only get one Cost of Living Payment, even if you get more than one eligible payment or concession card.
Page last updated: 7 April 2022
This information was printed 23 May 2022 from https://www.servicesaustralia.gov.au/cost-living-payment. It may not include all of the relevant information on this topic. Please consider any relevant site notices at https://www.servicesaustralia.gov.au/site-notices when using this material.
