Summary
Amends the:
Income Tax Assessment Act 1997
to: expand the application of the conservation tillage refundable tax offset by providing that an eligible no-till seeder can comprise just the tool, or the combination of the cart and the tool; phase out the mature age worker tax offset from 1 July 2012 for taxpayers born on or after 1 July 1957; and include The Diamond Jubilee Trust Australia in the list of deductible gift recipients; and
A New Tax System (Wine Equalisation Tax) Act 1999
to: provide that a wine producer will not be entitled to the wine equalisation tax producer rebate on other wine they use in manufacture, except where the producer of the other wine notifies the subsequent producer; and make technical amendments.