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01 Jun 09 2009 Measures No 3 Bill passed by House

On 27 May 2009, Tax Laws Amendment (2009 Measures No 3) Bill 2009 was passed by the House of Representatives without amendment. The Bill will now proceed to the Senate.

The Bill amends: the Taxation Administration Act 1953 to set the GDP adjustment for the 2009-10 income year at 2%; the Taxation Administration Act 1953 to allow taxpayers who are voluntarily registered for GST and who choose to remit GST annually to choose to make their PAYG instalments annually if they satisfy the other eligibility tests for annual PAYG instalments; the Petroleum Resource Rent Tax Assessment Act 1987; and the ITAA 1997 to update the list of deductible gift recipients (DGRs) to include three new organisations.

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