- Date
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12 Feb 2009
- Chamber
-
House of Representatives
- Status
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Act
-
Portfolio
-
Treasury
- Summary
-
Part of a package of six bills to give effect to the Government’s Nation Building and Jobs Plan, the bill makes consequential amendments to the
Income Tax Assessment Act 1936
, Income Tax Assessment Act 1997
, Social Security Act 1991
, Taxation Administration Act 1953
and Veterans’ Entitlement Act 1986
to: ensure bonus payments are not treated as income for tax and welfare related purposes; and provide for administrative arrangements applicable to the bonus payments.