Summary
Amends the:
A New Tax System (Family Assistance) (Administration) Act 1999
to extend time frames in relation to: past period lump sum claims for family tax benefit (FTB) and child care benefit; payment of top-ups of FTB as a result of income reconciliation; and exchange, use and destruction of tax file number data for income reconciliation purposes; and
Income Tax Assessment Act 1997
to make consequential amendments to allow tax advisers’ fees for FTB lump sums claims that relate to the 2001-02 income year to be tax deductible. Also contains application provisions.