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Second Reading Speeches

Tax Laws Amendment (Personal Income Tax Reduction) Bill 2004

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
40

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Summary

Amends the

Income Tax Rates Act 1986
to increase personal income tax thresholds for the 42 per cent and 47 per cent tax brackets in two stages, to apply to the 2004-05 and later income years.

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