Second Reading Speeches

Treasury Laws Amendment (Cost of Living Tax Cuts) Bill 2024

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Act
Parliament no
47

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Summary

Introduced with the Treasury Laws Amendment (Cost of Living—Medicare Levy) Bill 2024, the bill amends the

Income Tax Rates Act 1986
to modify income tax rate thresholds and tax rates for individuals for the 2024-25 and later financial years.

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