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Is the payment you receive for your participation in a clinical trial included in your assessable income?

No. Having considered your circumstances and the relevant facts, the payment you received to attend the medical trial are not considered ordinary income and are not required to be included in your assessable income under section 6-5 of the Income Tax Assessment Act 1997 (ITAA 1997). This ruling applies for the following period : 30 June 20XX The scheme commences on: 1 July 20XX

You participated in a clinical trial. You had to attend a clinic for part of the trial. You also had to complete tasks at home as part of the trial. The trial went for less than a month. You were paid $XXXX to participate in the trial. It was stated that the payment was made for your time and inconvenience. This amount included parking and travel expenses.

Income Tax Assessment Act 1997 Section 6-5