Senate Standing Committees on EconomicsPO Box 6100Parliament HouseCanberra ACT 2600 Phone: +61 2 6277 3540economics.sen@aph.gov.au
This package of bills proposes amendments to the income tax law to introduce the three-year progressive budget repair levy announced in the 2014–15 Budget. They levy will be payable at a rate of two per cent of each dollar of a taxpayer’s annual taxable income over $180,000 commencing in the 2014–15 financial year.
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