Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 2

3............ Schedules............................................................................................ 3

Schedule 1--Medicare levy and Medicare levy surcharge income thresholds      4

A New Tax System (Medicare Levy Surcharge--Fringe Benefits) Act 1999    4

Medicare Levy Act 1986                                                                                             4

Schedule 2--Maintaining the Commonwealth Bank superannuation fund guarantee  6

Commonwealth Banks Act 1959                                                                               6

Schedule 3--Tax accounting for primary producer registered emissions units  7

Income Tax Assessment Act 1997                                                                              7

Schedule 4--Cash flow relief for small and medium businesses             12

Part 1--Amendments                                                                                                  12

Taxation Administration Act 1953                                                                         12

Part 2--Sunsetting                                                                                                        13

Taxation Administration Act 1953                                                                         13

Schedule 5--Enhancements to the Home Guarantee Scheme                  14

National Housing Finance and Investment Corporation Act 2018                14

Schedule 6--Deductible gift recipients--Australians for Unity Ltd    15

Income Tax Assessment Act 1997                                                                            15

 

 

 

Treasury Laws Amendment (2023 Measures No. 2) Act 2023

No. 28, 2023

 

An Act to amend the law relating to taxation and housing, and to amend the Commonwealth Banks Act 1959, and for related purposes

[Assented to 23 June 2023]

The Parliament of Australia enacts: