- Date
-
10 May 2012
- 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 pensioners below pension age; and increase the phase-in limits as a result of the increased threshold amounts. Also makes consequential amendments to the Clean Energy (Tax Laws Amendments) Act 2011
.