2018 List of legislative and technical updates
Details | Date released to Pathfinder | Details |
---|---|---|
Personal income tax plan |
| It is proposed to adjust the personal income tax threshholds, first in 2018/19 and then in 2022/23 and then again in 2024/25:
|
Medicare Levy Amendment Bill 2017 (and associated bills) | Not passed, so not implemented. | These bills proposed to increase the Medicare levy from 2% to 2.5% of a person’s taxable income to pay for NDIS funding. |
Technical and Legislative updates | 23 Apr 2018 | The indexation series for CPI and AWOTE have been updated to include data for the December quarter 2017. |