Search all bills

TOTAL RESULTS: 741

• Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures No. 1) Bill 2017

  Track (What's this?)

  Date

  07 Sep 2017 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Introduced with the First Home Super Saver Tax Bill 2017 to establish the First Home Super Saver Scheme, the bill amends: 10 Acts to enable first home savers to make voluntary contributions into the superannuation system and to withdraw those contributions and associated earnings for the purposes of purchasing their first home; and the

  Income Tax Assessment Act 1997

  and

  Taxation Administration Act 1953

  to allow an individual aged 65 years or over to use the proceeds of one sale of their main residence to make contributions (downsizer contributions) of up to $300 000 to their superannuation. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (2017 Measures No. 4) Bill 2017

  Track (What's this?)

  Date

  22 Jun 2017 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  A New Tax System (Wine Equalisation Tax) Act 1999

  to: introduce additional eligibility criteria for the wine equalisation tax (WET) producer rebate; provide that a purchaser of wine is only able to claim a WET credit for WET included in the purchase price of that wine if it makes a taxable dealing with the wine; reduce the WET producer rebate cap from $500 000 to $350 000; amend the timing of the application of the associated producers rule; and remove the earlier producer rebate rule; and

  Income Tax Assessment Act 1997

  to provide asset roll-over relief for mandatory transfers within a superannuation fund in the transition to a MySuper product. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (2017 Measures No. 3) Bill 2017

  Track (What's this?)

  Date

  14 Jun 2017 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  Australian Securities and Investments Commission Act 2001

  and

  Corporations Act 2001

  to validate certain agreements to employ or engage Australian Securities and Investments Commission staff that were purportedly made before the end of 9 March 2017. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (2017 Enterprise Incentives No. 2) Bill 2017

  Track (What's this?)

  Date

  01 Jun 2017 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Corporations Act 2001

  to: create a safe harbour for company directors from personal liability for insolvent trading if the company is undertaking a restructure outside formal insolvency; and

  Corporations Act 2001

  and

  Payment Systems and Netting Act 1998

  to make certain contractual rights unenforceable while a company is restructuring under certain formal insolvency processes. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Foreign Resident Capital Gains Withholding Payments) Bill 2017

  Track (What's this?)

  Date

  01 Jun 2017 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  Taxation Administration Act 1953

  to modify the foreign resident capital gains withholding payments regime to: increase the withholding rate from 10 per cent to 12.5 per cent; and reduce the withholding threshold from $2 million to $750 000. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (GST Integrity) Bill 2017

  Track (What's this?)

  Date

  01 Jun 2017 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  A New Tax System (Goods and Services Tax) Act 1999

  to: introduce a reverse charge for business to business transactions between suppliers and purchasers of gold, silver and platinum to remove the opportunity for a supplier to avoid paying goods and services tax (GST) by liquidating; and ensure that entities cannot exploit the special GST treatment for second-hand goods to claim input tax credits by changing the form of a precious metal. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Major Bank Levy) Bill 2017

  Track (What's this?)

  Date

  30 May 2017 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Introduced with the Major Bank Levy Bill 2017, the bill amends the:

  Australian Prudential Regulation Authority Act 1998

  to enable the Australian Prudential Regulation Authority (APRA) to share major bank levy information with the Commissioner of Taxation;

  Financial Sector (Collection of Data) Act 2001

  to enable the APRA reporting standards to include information relating to amounts for the purposes of the levy;

  Income Tax Assessment Act 1997

  to provide for the indexation of the $100 billion threshold; and

  Taxation Administration Act 1953

  to: specify that the levy is payable to the commissioner quarterly; ensure that the ordinary collection and recovery provisions apply in relation to the levy; introduce an anti-avoidance law for the levy; and enable the commissioner to share levy information with APRA. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (2017 Measures No. 2) Bill 2017

  Track (What's this?)

  Date

  25 May 2017 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends: six Acts to make amendments arising out of the enactment of the

  Treasury Laws Amendment (Fair and Sustainable Superannuation) Act 2016

  in relation to: the transfer balance cap; concessional and non-concessional contributions; limited recourse borrowing arrangements; objective of superannuation; transition to retirement income streams; capital gains tax relief for superannuation funds; and administrative processes; the

  Bankruptcy Act 1966

  and

  Corporations Act 2001

  to enable a single approval to cover a profit or advantage received by an external administrator or trustee even when the benefit is passed on to multiple related entitles; and the

  Corporations Act 2001

  to: ensure that annual and end-of-control returns by controllers are included on the Australian Securities and Investments Commission’s public register; and make technical amendments. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Accelerated Depreciation For Small Business Entities) Bill 2017

  Track (What's this?)

  Date

  25 May 2017 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  Income Tax Assessment Act 1997

  ,

  Income Tax (Transitional Provisions) Act 1997

  and

  Tax Laws Amendment (Small Business Measures No. 2) Act 2015

  to extend by 12 months to 30 June 2018 the period during which small business entities can access expanded accelerated depreciation rules. 

  Bill | Explanatory Memorandum

• Treasury Laws Amendment (Medicare Levy and Medicare Levy Surcharge) Bill 2017

  Track (What's this?)

  Date

  24 May 2017 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the

  A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999

  and

  Medicare Levy Act 1986

  to: increase the Medicare levy and Medicare levy surcharge low-income threshold amounts for individuals, families and individual taxpayers and families eligible for the seniors and pensioners tax offset; and increase the phase-in limits as a result of the increased threshold amounts. 

  Bill | Explanatory Memorandum