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TOTAL RESULTS: 741

  • Date
    03 Aug 2022 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Amends the:
    Taxation Administration Act 1953
    to: require electronic platform operators to provide information on transactions to the Australian Taxation Office; enable small business entities to apply to the Administrative Appeals Tribunal (AAT) for an order staying, or otherwise affecting, the operation or implementation of decisions of the Commissioner of Taxation being reviewed by the AAT; and enable the commissioner to direct an entity to complete an approved recordkeeping course as an alternative to financial penalties where they reasonably believe the entity has failed to comply with its tax-related recordkeeping obligations;
    Income Tax Assessment Act 1997
    and
    Taxation Administration Act 1953
    to make consequential amendments;
    Fringe Benefits Tax Assessment Act 1986
    ,
    Income Tax Assessment Act 1936
    and
    Income Tax Assessment Act 1997
    to remove the $250 non-deductible threshold for work-related self-education expenses; and
    Income Tax Assessment Act 1997
    to enable individuals aged 55 and above to make downsizer contributions to their superannuation plan from the proceeds of selling their main residence. 

    Bill | Explanatory Memorandum

  • Date
    27 Jul 2022 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Amends the:
    Income Tax Assessment Act 1997
    to provide an income tax exemption for certain recovery grants made to small businesses and primary producers impacted by Cyclone Seroja in April 2021;
    Treasury Laws Amendment (Putting Consumers First—Establishment of the Australian Financial Complaints Authority) Act 2018
    to facilitate the closure and transitional arrangements associated with the Australian Financial Complaints Authority (AFCA) replacing the Superannuation Complaints Tribunal (SCT);
    Income Tax Assessment Act 1936
    and
    Income Tax Assessment Act 1997
    to provide income tax and withholding tax exemptions for the International Federation of Association Football (FIFA) and its wholly owned subsidiary established for the purpose of delivering the 2023 FIFA Women's World Cup. Also makes minor and technical amendments to 12 Acts. 

    Bill | Explanatory Memorandum

  • Date
    27 Jul 2022 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Amends the
    Fringe Benefits Tax Assessment Act 1986
    to exempt from fringe benefits tax the use, or availability for use, of cars made available by employers to current employees that are zero or low emissions vehicles with a value at first retail sale below the luxury car tax threshold for fuel efficient vehicles. 

    Bill | Explanatory Memorandum

  • Date
    30 Mar 2022 
    Chamber
    House of Representatives 
    Status
    Act 
    Portfolio
    Treasury 
    Summary
    Introduced with the Excise Tariff Amendment (Cost of Living Support) Bill 2022 and Customs Tariff Amendment (Cost of Living Support) Bill 2022, the bill 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;
    Income Tax Assessment Act 1997
    to: provide an income tax deduction for taxpayers who incur relevant COVID-19 testing expenses in gaining or producing their assessable income; update the list of deductible gift recipients to include six new entities; and increase the low and middle income tax offset by $420 for the 2021-22 financial year;
    Corporations Act 2001
    to provide regulatory relief to allow businesses to create employee share schemes which they would otherwise be unable to operate due to requirements under the Act;
    Taxation Administration Act 1953
    to reduce the gross domestic product adjustment factor for the 2022-23 financial year to 2 per cent;
    National Health Act 1953
    to lower the Pharmaceutical Benefits Scheme safety net thresholds for concessional to 36 scripts and general to $1457.10 from 1 July 2022;
    Income Tax Assessment Act 1997
    ,
    Social Security Act 1991
    ,
    Social Security (Administration) Act 1999
    and
    Veterans' Entitlements Act 1986
    to provide for the payment of a cost of living payment of $250 to certain income support recipients, compensation payment recipients and concession card holders; and
    Product Stewardship (Oil) Regulations 2000
    to make consequential amendments. 

    Bill | Explanatory Memorandum

  • Date
    17 Feb 2022 
    Chamber
    House of Representatives 
    Status
    Not Proceeding 
    Portfolio
    Home Affairs 
    Summary
    Amends the
    Telecommunications (Interception and Access) Act 1979
    to provide state and territory corrective services authorities with the ability to access telecommunications data. 

    Bill | Explanatory Memorandum

  • Date
    17 Feb 2022 
    Chamber
    House of Representatives 
    Status
    Not Proceeding 
    Portfolio
    Home Affairs 
    Summary
    Amends the:
    Aviation Transport Security Act 2004
    and
    Maritime Transport and Offshore Facilities Security Act 2003
    to: expand the definition of unlawful interference; establish an additional purpose of safeguarding against operational interference and expanding the existing security direction power to include making directions in relation to a specific threat of operational interference; enable the minister to declare critical industry participants, with additional requirements; include additional requirements in relation to security plans and programs; provide for the use and disclosure of protected information; expand the powers of aviation and maritime security inspectors to undertake compliance activities; apply the investigation and civil penalty provisions of the
    Regulatory Powers (Standard Provisions) Act 2014
    ; remove timeframes in relation to the provision of certain information; and require mandatory reporting of cyber security incidents; and
    Security of Critical Infrastructure Act 2018
    to make consequential amendments. 

    Bill | Explanatory Memorandum

  • Date
    17 Feb 2022 
    Chamber
    House of Representatives 
    Status
    Not Proceeding 
    Portfolio
    Treasury 
    Summary
    Amends: the
    Corporations Act 2001
    to: allow all documents to be signed or executed electronically; allow certain additional categories of documents to be sent electronically; amend the criteria with which an entity must comply before they are relieved from their obligations to provide a document to a member; and make consequential amendments; the
    Corporate Collective Investment Vehicle Framework and Other Measures Act 2022
    and
    Corporations Act 2001
    to make amendments contingent on the commencement of the
    Corporate Collective Investment Vehicle Framework and Other Measures Act 2022
    ; the
    National Consumer Credit Protection Act 2009
    to allow documents under the National Credit Code to be given in either physical or electronic form, or by the provision of an electronic postcard; the
    National Consumer Credit Protection (Transitional and Consequential Provisions) Act 2009
    to include application, transitional and saving provisions; the
    Corporations Act 2001
    ,
    Excise Act 1901
    and
    Small Superannuation Accounts Act 1995
    to remove certain requirements relating to payments; and 11 Acts to provide that notices required or permitted to be published in newspapers can now be published in a manner that results in the notice being accessible to the public and reasonably prominent. 

    Bill | Explanatory Memorandum

  • Date
    17 Feb 2022 
    Chamber
    House of Representatives 
    Status
    Not Proceeding 
    Portfolio
    Treasury 
    Summary
    Amends the:
    Corporations Act 2001
    to: provide certain foreign financial service providers with exemptions from the requirement to hold an Australian financial services licence and from the fit and proper person test; and enable the minister to determine regulators that administer broadly comparable regulatory regimes;
    Corporations Act 2001
    ,
    Australian Securities and Investments Commission Act 2001
    and
    Superannuation Industry (Supervision) Act 1993
    to impose financial reporting and auditing requirements on registrable superannuation entities that are consistent with those that currently apply to public companies and registered schemes; and
    Taxation Administration Act 1953
    to enable small business entities to apply to the Administrative Appeals Tribunal (AAT) for an order staying, or otherwise affecting, the operation or implementation of decisions of the Commissioner of Taxation that are being reviewed by the AAT. 

    Bill | Explanatory Memorandum

  • Date
    14 Feb 2022 
    Chamber
    House of Representatives 
    Status
    Not Proceeding 
    Sponsor
    HAINES, Helen, MP 
    Summary
    Amends the:
    Telecommunications Act 1997
    to: include performance benchmarks for statutory infrastructure providers (SIPs) relating to internet connections, fault rectifications, appointment keeping and internet speed; and require SIPs to disclose performance data to the Australian Communications and Media Authority for immediate publication on a quarterly basis, or within 30 days following a serious outage; and
    Competition and Consumer Act 2010
    and
    Telecommunications Act 1997
    to make consequential amendments. 

    Bill | Explanatory Memorandum

  • Date
    10 Feb 2022 
    Chamber
    House of Representatives 
    Status
    Not Proceeding 
    Portfolio
    Treasury 
    Summary
    Amends the:
    Income Tax Assessment Act 1997
    to introduce the patent box regime to provide concessional tax treatment for ordinary and statutory income derived by a corporate taxpayer from exploiting a medical or biotechnology patent for the financial years commencing on or after 1 July 2022; and
    Income Tax (Transitional Provisions) Act 1997
    to include application and transitional provisions. 

    Bill | Explanatory Memorandum